BSESamtel India Ltd-$MinimalNeutral
Announced Sat, 30 May · 17:03 IST

In this regard, we respectfully submit that as per Company falls under the criteria as specified under Regulation 15(2) of the SEBI Regulation, 2015 due to the met that the Paid up Equity ....

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AI summary

Samtel India Ltd has informed BSE that it is exempt from Regulation 24A, which requires listed companies to submit an Annual Secretarial Compliance Report within 60 days of the financial year end. The company claims this exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015. The exemption applies because the company's Paid-up Equity Share Capital and Net Worth were both below the thresholds of Rs. 10 crores and Rs. 25 crores respectively, as on 31 March 2025 and 31 March 2026. This means the company is not required to submit the Secretarial Compliance Report to the stock exchanges for these periods.

Likely market impact

This filing confirms Samtel India Ltd qualifies as a small-cap listed entity falling below SEBI's size thresholds, exempting it from certain compliance requirements. While this reduces the regulatory burden, it also signals the company's relatively small size and limited scale of operations compared to larger listed peers.