Sub: Certificate for Non-Applicability of Annual Secretarial Compliance Report under Regulation 24A(2) of SEBI (Listing Obligation & Disclosure Requirements) Amendment Regulation, 2018 ....
Awaiting price reaction for this filing.
JMG Corporation Ltd has submitted a certificate to BSE stating that the Annual Secretarial Compliance Report requirement under Regulation 24A(2) of SEBI LODR Regulations is not applicable to the company for FY ended March 31, 2025. The company is claiming exemption under Regulation 15(2) of SEBI LODR Regulations, 2015, which typically applies to companies that do not have a large public shareholding or meet certain size criteria. The certificate was signed by Nisha Kumari, Company Secretary, on April 8, 2025. This is a routine procedural filing related to regulatory compliance exemptions.
This is a standard compliance-related disclosure with no material impact on shareholders or the stock price. It simply confirms the company's eligibility for an exemption from a specific SEBI reporting requirement, likely because it qualifies as a small company under the prescribed thresholds.