Davin Sons Retail Limited Declares Non-Applicability of Annual Secretarial Compliance Report Under Regulation 24A

Davin Sons Retail Limited has officially communicated to BSE Limited regarding the non-applicability of the Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The declaration was made on April 07, 2026, and signed by Managing Director Mohit Arora.

Regulatory Exemption for SME Listed Entities

The company's declaration is based on its listing status on the BSE SME platform. According to Regulation 15(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, entities listed on SME exchanges are exempt from compliance with several regulatory provisions.

Exemption Details:	Information
Applicable Regulation:	Regulation 15(2) of SEBI LODR 2015
Exchange Platform:	BSE SME
Scrip Code:	544331
Reference Circular:	SEBI Circular dated February 08, 2019 (CIR/CFD/CMDI/27/2019)

Scope of Regulatory Exemptions

The regulatory framework provides comprehensive exemptions for SME-listed entities from various compliance requirements. The exempted regulations include provisions 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 and Para C, D and E of schedule V of SEBI LODR Regulations, 2015.

Declaration Authorization

The formal declaration was authorized and signed by Mohit Arora, Managing Director of the company, bearing DIN: 07231072. The document was digitally signed on April 07, 2026, at 13:20:13 +05'30' and submitted to BSE Limited for record purposes.

Signatory Details:	Information
Name:	Mohit Arora
Designation:	Managing Director
DIN:	07231072
Date of Signing:	April 07, 2026

This declaration ensures transparency regarding the company's compliance obligations and clarifies its regulatory status as an SME-listed entity to stakeholders and the exchange.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-9.98%	+14.73%	+14.34%	-37.16%	+45.70%	-26.99%

Davin Sons Retail Limited has entered into a Memorandum of Understanding (MOU) with Jalandhar Leather (India) Limited for a commercial rent arrangement, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agreement Details

The MOU establishes a commercial rent arrangement between the two parties, with specific roles and responsibilities clearly defined.

Parameter:	Details
Landlord:	Jalandhar Leather (India) Limited
Tenant:	Davin Sons Retail Limited
Property Location:	Shop No. 194 L, Model Town, Jalandhar – 144003
Nature:	Commercial rent arrangement for retail premises

Transaction Framework

The MOU serves as a preliminary agreement that outlines the broad terms and conditions for the proposed commercial arrangement. The document establishes the foundation for future negotiations and is subject to the execution of a detailed definitive agreement between both parties.

The retail premises is strategically located in Model Town, Jalandhar, which could provide Davin Sons Retail Limited with access to a commercial area for its business operations.

Business Impact

According to the company's disclosure, this commercial rent arrangement falls within the ordinary course of business operations. The management expects this arrangement to support the company's operational requirements, indicating its alignment with the company's business strategy and expansion plans.

The disclosure was signed by Mohit Arora, Managing Director (DIN: 07231072), ensuring proper corporate governance and compliance with regulatory requirements. The company has requested the stock exchange to take this information on record as part of its transparency obligations to stakeholders.