Non Applicability of Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR Regulation 2015 for the year ended 31 March 2025
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Sahara Maritime Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR Regulations, 2015 is not applicable to the company for the financial year ended 31 March 2025. The company is listed on the SME Platform of BSE (Scrip Code: 544056, Symbol: SMARITIME), and under Regulation 15(2)(b) of SEBI LODR, companies listed on SME exchanges are exempt from various corporate governance provisions including Regulation 24A. The letter was signed by Sohrab Rustom Sayed, Managing Director, and submitted on 29 May 2025. This is a routine regulatory clarification confirming that the company is not required to file this specific report.
No material impact on shareholders or the stock price. This is a procedural filing confirming a regulatory exemption that automatically applies to all companies listed on the SME platform.