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Awaiting price reaction for this filing.
Shelter Pharma Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 does not apply to the company. The company is listed on the BSE SME Platform, and as per Regulation 15(2) of SEBI LODR, entities listed on SME exchanges are exempt from several compliance requirements including Regulation 24A. The letter is signed by Managing Director Mustaqim Nisarahmed Sabugar on 10th April 2025.
This is a routine regulatory clarification with no material impact on shareholders or stock price. It simply confirms that the company, being on the SME platform, is exempt from filing an annual secretarial compliance report — a standard exemption for SME-listed companies.