Non-applicability of Reg. 24A of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015
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Sailani Tours N Travels Ltd, listed on BSE SME platform (Script Code: 543541), has informed the exchange that it is exempt from Regulation 24A requirements for the financial year ended 31st March, 2026. Regulation 24A mandates listed entities to submit an Annual Secretarial Compliance Report. However, under Regulation 15 of SEBI LODR, 2015, such compliance requirements do not apply to companies listed on SME exchanges or those with paid-up capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore. The company has cited this exemption as the basis for non-compliance.
No material impact on shareholders. This is a routine regulatory notification confirming the company's SME status exempts it from certain disclosure requirements. It does not indicate any financial weakness or positive/negative corporate development.