Announced Fri, 2 May · 17:29 IST

NON-APPLICABILITY OF ANNUAL SECRETARIAL COMPLIANCE REPORT FOR THE YEAR ENDED 31ST MARCH, 2025 UNDER REGULATION 24A OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) ....

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Awaiting price reaction for this filing.

AI summary

Safa Systems & Technologies Ltd has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A does not apply to the company for the financial year ended 31 March 2025. The company has stated that it is listed on the SME exchange, which makes it eligible for exemption under Regulation 15(2) of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. As a result, the company is not required to submit this report to the stock exchange. The letter is signed by the Managing Director, Faizal Bavaraparambil Abdul Khader, dated 2 May 2025.

Likely market impact

This is a routine regulatory compliance clarification with no material impact on shareholders or the stock price. Investors should note that SME-listed companies have lighter compliance obligations compared to mainboard-listed companies.