Please find enclosed herewith the document.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Universal Arts Limited has submitted a declaration to BSE stating that it is claiming exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. Due to this exemption, the company is not required to comply with various corporate governance provisions including Regulations 17, 18, 19, 20, 24, and 24A. As a result, the Annual Secretarial Compliance Report requirement under Regulation 24A does not apply to the company. The letter is signed by Managing Director Manish Shah dated 27th May 2025. This exemption generally applies to smaller listed companies that fall below certain paid-up capital and net worth thresholds.
This is a routine regulatory compliance submission with no material impact on shareholders or stock price. It simply confirms that the company qualifies as a small listed entity and is relieved of certain corporate governance reporting requirements.