Aayush art and bullion Limited has notified BSE Limited that it will not be submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The company, formerly known as AKM Creations Limited, cited regulatory exemptions available to SME-listed entities under SEBI regulations.

Regulatory Exemption Details

The company has claimed exemption under Regulation 15(2) of Chapter IV of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This specific provision provides relaxation to entities that have listed their specified securities on the SME Exchange.

Company Background

Aayush Art and Bullion Limited operates under the Corporate Identification Number L74110DL2009PLC196375. The company's registered office is located at A-1207, Unicus Shyamal, Opp. Iconic Shyamal Cross Road, Vejalpur, Ahmedabad-380015, Gujarat, India.

Stock Exchange Information

The company trades on BSE Limited under the symbol AAYUSHBULL with script code 540718. The formal communication regarding the exemption was submitted to BSE's Listing Department on April 16, 2026, and was signed by Managing Director Maulik Rajendrabhai Shah (DIN: 07578813).

Regulatory Framework

The Annual Secretarial Compliance Report requirement under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandates listed companies to submit compliance reports. However, SME-listed companies receive specific relaxations under the regulatory framework, allowing them to operate with reduced compliance burdens compared to main board listed entities.

Aayush Art and Bullion Limited has announced the termination of its Company Secretary and Compliance Officer, marking a significant change in the company's key managerial personnel. The decision was communicated to BSE Limited on April 16, 2026, in compliance with regulatory disclosure requirements under Regulation 30 of the SEBI Listing Regulations.

Key Personnel Change Details

The Board of Directors decided to terminate Mr. Pankaj Kumar Rawat from his position as Company Secretary and Compliance Officer, effective from the close of business hours on April 15, 2026. This action was taken under the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Communication Issues Cited

The company's management highlighted communication challenges as a primary factor in this decision. According to the official disclosure filed with BSE Limited, management made several attempts to communicate and coordinate with Mr. Pankaj Kumar Rawat regarding company matters. However, the company stated that no response was received from him despite these efforts.

Regulatory Compliance Framework

The termination was formally disclosed pursuant to Regulation 30 of the SEBI Listing Regulations, read with Part A of Schedule III. The company also referenced compliance with Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and updated Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Company Profile

Aayush Art and Bullion Limited, formerly known as AKM Creations Limited, is incorporated under CIN L74110DL2009PLC196375. The company's registered office is located at A-1207, Unicus Shyamal, Opp. Iconic Shyamal Cross Road, Vejalpur, Ahmedabad-380015, Gujarat. The official communication was signed by Managing Director Maulik Rajendrabhai Shah, who holds DIN 07578813.

The removal of a Company Secretary and Compliance Officer represents a significant change in the company's governance structure, as these positions are crucial for ensuring regulatory compliance and corporate governance standards.