Regarding Non-Applicability of Annual Secretarial Compliance report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Siyaram Recycling Industries Ltd has filed a disclosure with BSE stating that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to the company. Regulation 24A mandates listed companies to submit an annual secretarial compliance report certified by a practicing company secretary. The company's declaration of non-applicability indicates it falls below the threshold criteria set by SEBI for this requirement, likely due to lower market capitalization or not meeting other specified conditions. This is a routine regulatory compliance filing confirming the company's status regarding this specific SEBI listing obligation.
This filing has no direct impact on shareholders or stock price as it merely confirms the company's exemption from a regulatory requirement. It indicates the company is a smaller listed entity falling below SEBI's threshold for mandatory secretarial compliance reporting.