BSESteelman Telecom LtdMinimalNeutral
Announced Wed, 16 Apr · 12:09 IST

Please find the attached disclosure against the non applicability of Regulation 24(A) in SME listed Company. Kindly acknowledge the same.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Steelman Telecom Ltd has submitted a declaration to BSE stating that the Annual Secretarial Compliance Report under Regulation 24A of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 does not apply to the company for the financial year ended 31 March 2025. The reason cited is that the company is listed on the BSE SME platform, and as per Regulation 15(2) of the SEBI LODR Regulations, companies listed on SME exchanges are exempt from complying with several regulations, including 24A. The letter, signed by the Company Secretary Aparupa Das, simply notifies the exchange of this exemption and requests it to be taken on record. No business or financial numbers are involved in this filing.

Likely market impact

This is a routine procedural filing with no impact on business operations, financials, or shareholder value. Investors should not read any positive or negative signal into it — it merely confirms the company is correctly using its SME-listing exemption.