Pursuant to regulation 15(2) of SEBI (LODR), Regulation 2015, We would like to inform you that our Company is listed on BSE SME platform. Accordingly, the Provisions of Regulations 24A, ....
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VVIP Infratech has informed BSE that Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations is not applicable to the company. Regulation 24A normally requires listed companies to undertake an annual Secretarial Audit and submit a Secretarial Compliance Report to stock exchanges within 60 days of the financial year-end. However, under Regulation 15(2) of SEBI LODR, companies listed on the SME Exchange platform are exempt from this requirement. Since VVIP Infratech is listed on the BSE SME platform (Scrip Code: 544219, Symbol: VVIPIL), the Secretarial Audit compliance does not apply to it.
This is a routine procedural clarification with no material impact on shareholders or the stock price. It simply confirms that the company is exempt from the Secretarial Audit requirement due to its listing on the BSE SME platform.