Non-Applicability of Annual Secretarial Compliance Report under regulation 24A for the financial year 2025-26.
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Workmates Core2Cloud Solution Limited has informed BSE that it is not required to submit an Annual Secretarial Compliance Report under Regulation 24A. The company is listed on BSE SME Exchange (Scrip Code: 544610) and qualifies for exemption under Regulation 15(2)(b) of SEBI (LODR) Regulations, 2015. SME-listed companies with paid-up capital not exceeding Rs 10 crore and net worth not exceeding Rs 25 crore are exempt from certain corporate governance requirements including the secretarial compliance report. The company clarified that Related Party Transactions regulations still apply to them. This is a routine compliance disclosure filed on May 27, 2026.
No direct impact on shareholders or stock price. This is a standard regulatory exemption notification confirming the company's SME listing status and resulting relaxations from certain governance requirements.