Chatha Foods Limited Confirms Non-Applicability of SEBI Regulation 24A for FY26 Due to BSE SME Exchange Listing

1 min read     Updated on 10 Apr 2026, 07:41 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Chatha Foods Limited has notified BSE Limited about the non-applicability of SEBI Regulation 24A for FY26 due to its BSE SME Exchange listing status. Under Regulation 15(2) of SEBI LODR, the company is exempt from submitting Annual Secretarial Compliance Report for the year ended March 31, 2026, providing regulatory relief for SME-listed entities.

powered bylight_fuzz_icon
37375897

*this image is generated using AI for illustrative purposes only.

Chatha Foods Limited has officially communicated to BSE Limited regarding the non-applicability of specific SEBI regulations for the financial year 2026. The company has confirmed its exemption from Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, based on its listing status on the BSE SME Exchange.

Regulatory Exemption Details

The exemption is grounded in Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which provides specific relief for companies listed on SME exchanges. This regulatory framework recognizes the distinct operational and compliance requirements of small and medium enterprises compared to mainboard-listed companies.

Regulatory Parameter: Details
Applicable Regulation: SEBI LODR Regulation 15(2)
Exempted Regulation: SEBI LODR Regulation 24A
Financial Year: Ended March 31, 2026
Exchange Status: BSE SME Exchange Listed

Compliance Impact

As a direct consequence of this regulatory exemption, Chatha Foods Limited is not required to submit the Annual Secretarial Compliance Report for the year ended March 31, 2026. This represents a significant compliance relief for the company, reducing administrative burden while maintaining appropriate regulatory oversight for SME-listed entities.

The notification was formally submitted to BSE Limited on April 10, 2026, and was digitally signed by Priyanka Oberoi, Company Secretary & Compliance Officer. The company has requested BSE to take this information into their official records.

Company Operations

Chatha Foods Limited operates from multiple locations across Punjab, with its registered office located in Jalandhar and manufacturing units in Mohali district. The company maintains its corporate identification number L15310PB1997PLC020578 and continues its operations under the regulatory framework applicable to BSE SME Exchange-listed companies.

Historical Stock Returns for Chatha Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%+14.88%+27.41%-7.64%-15.69%+19.90%

Will Chatha Foods consider migrating from BSE SME to the mainboard exchange in the near future, and how would this affect their compliance obligations?

How might SEBI's regulatory framework for SME-listed companies evolve in the coming years, and what impact could this have on Chatha Foods' operations?

What are Chatha Foods' expansion plans for their manufacturing facilities beyond Punjab, and how will they manage compliance across multiple jurisdictions?

Chatha Foods Limited Clarifies No Undisclosed Material Information Behind Recent Share Price Movement

1 min read     Updated on 10 Apr 2026, 07:37 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Chatha Foods Limited has clarified to BSE that recent share price movements are market-driven with no undisclosed material information. The company confirmed full compliance with SEBI disclosure regulations and stated there are no pending announcements that could affect stock price behavior. Management attributed the price volatility to general market conditions beyond the company's control.

powered bylight_fuzz_icon
37375655

*this image is generated using AI for illustrative purposes only.

Chatha Foods Limited has issued a clarification to BSE Limited regarding the recent significant movement in its share price, confirming that there is no undisclosed material information that could be influencing the stock's performance. The response came following a BSE inquiry dated April 09, 2026, with reference number L/SURV/ONL/PV/APJ/2026-2027/3617.

Regulatory Compliance Confirmation

The company has reaffirmed its commitment to regulatory compliance, stating that it adheres to all provisions under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chatha Foods emphasized that it has been promptly disclosing all events, information, and announcements that may impact the company's operations and performance to the stock exchange.

Key Clarifications

The management provided specific clarifications regarding the recent price movement:

Parameter: Company Statement
Undisclosed Information: No undisclosed material information exists
Pending Announcements: No impending announcements affecting price behavior
Compliance Status: Full compliance with SEBI Regulation 30
Price Movement Cause: Market-driven factors and general conditions

Market-Driven Movement

Chatha Foods attributed the share price movement to purely market-driven factors, which may be influenced by general market conditions and other external factors beyond the company's control. This explanation suggests that the price volatility is not related to any specific corporate developments or undisclosed information.

Corporate Communication

The clarification was signed by Priyanka Oberoi, Company Secretary and Compliance Officer, on April 10, 2026. The communication was digitally signed and submitted to BSE Limited as part of the company's ongoing disclosure obligations under the listing regulations.

The company's response demonstrates its proactive approach to addressing market inquiries and maintaining transparency with stakeholders and regulatory authorities.

Historical Stock Returns for Chatha Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%+14.88%+27.41%-7.64%-15.69%+19.90%

What specific market conditions or external factors could be driving the unusual price volatility in Chatha Foods' stock?

Will BSE or SEBI conduct a deeper investigation into the trading patterns despite the company's clarification?

How might this regulatory scrutiny affect investor confidence and institutional participation in Chatha Foods going forward?

More News on Chatha Foods

1 Year Returns:-15.69%