Entity Listed in SME, Compliance under Regulation 24A of SEBI (LODR) is not Applicable.
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Supershakti Metaliks Ltd, listed on the BSE SME platform (Scrip Code: 541701), has informed the exchange that compliance with SEBI's Regulation 24A (Annual Secretarial Compliance Report) and Regulation 27 (Corporate Governance Report) is not applicable to the company. This exemption is based on Regulation 15(2) of the SEBI LODR Regulations 2015, which exempts companies listed on the SME exchange from these specific corporate governance and secretarial compliance requirements. The declaration, dated April 3, 2025, references SEBI's circular dated February 8, 2019, regarding filing obligations for such companies. This is a routine procedural filing and not a new policy or business update.
No material impact on shareholders or stock price — this is a routine compliance declaration confirming that the company, as an SME-listed entity, is exempt from certain governance reporting requirements that apply to mainboard-listed companies.