Non-applicability of Regulation 24(A) of SEBI LODR Amendment Regulation, 2018
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The company has informed BSE that it qualifies for exemption from Regulation 24A of SEBI LODR, which mandates submission of a Secretarial Compliance Report. The exemption is claimed under Regulation 15(2) of SEBI LODR 2015 because the company's paid-up equity share capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore. As a result, the company is not required to submit the annual Secretarial Compliance Report to the exchange. This is a routine regulatory filing confirming the company's small size-based exemption status.
The company benefits from reduced compliance obligations as a small listed entity. Shareholders should note that this reflects the company's modest size and limited regulatory reporting requirements compared to larger listed companies.