Non- applicability of Reg 24A of SEBI (LODR) Regulations, 2015
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Sailani Tours N Travels has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015 does not apply to it for the financial year ended 31 March 2025. The company explains that because it is listed on the BSE SME platform, Regulation 15 of SEBI (LODR) exempts it from complying with Regulation 24A. This exemption applies to companies listed on SME exchanges as well as those with paid-up equity capital not exceeding Rs 10 crore and net worth not exceeding Rs 25 crore. The letter is signed by Company Secretary Purvi Agarwal and dated 15 April 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price — the company is simply confirming that a specific compliance requirement does not apply to it because of its SME listing status.