Non Applicability of Annual Secretarial Compliance Report under Regulation 24 A of SEBI ( LISTING OBLIGATIONS AND DISCLOUSURE REQUIREMENT ) REGULATION, 2015
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Siyaram Recycling Industries has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 does not apply to it. This exemption exists because the company is listed on the BSE SME Platform, and per Regulation 15(2) of SEBI LODR, companies listed on SME exchanges are exempt from several compliance provisions including Regulation 24A. The letter, signed by Managing Director Bhavesh Ramgopal Maheshwari, was filed on 12th April 2025 as a formal intimation to the stock exchange.
This is a routine regulatory disclosure with no material impact on shareholders or stock price. It simply confirms the company's reduced compliance burden as an SME-listed entity.