Claiming exemption under Regulation 15(2)(b) of SEBI(LODR) Regulation, 2015 as the entity has listed its securities on the SME exchange
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Storage Technologies and Automation Limited, a Bangalore-based company listed on BSE's SME platform (Script Code: 544171), has informed the exchange that it is not required to submit an Annual Secretarial Compliance Report for the financial year ended 31 March 2026. The company is claiming exemption under Regulation 15(2)(b) of SEBI (LODR) Regulations, 2015, which applies to entities whose specified securities are listed on the SME Exchange. As a result, the specified corporate governance regulations do not apply to the company, relieving it from certain compliance obligations that main board-listed companies must follow. The disclosure was signed by the Company Secretary and Compliance Officer on 15 May 2026.
This is a routine regulatory filing confirming the company's SME status and associated compliance exemptions. Shareholders should note that the company is not subject to the same corporate governance standards required of main board-listed entities, which may imply lower disclosure and oversight requirements.