DRA Consultants Limited has officially informed the Bombay Stock Exchange (BSE) of its exemption from the Annual Secretarial Compliance Report requirement for the financial year ended March 31, 2026. The company's notification, dated April 7, 2026, cites regulatory provisions that exempt SME-listed companies from certain compliance obligations.

Regulatory Exemption Details

The company has claimed exemption under Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption specifically applies to companies listed on the SME platform of stock exchanges, which provides certain regulatory reliefs compared to main board listings.

Compliance Framework

The Annual Secretarial Compliance Report requirement falls under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirement) (Amendment) Regulations, 2018. This regulation was further clarified through multiple circulars:

• SEBI Circular dated February 8, 2019
• BSE Circular No. LIST/COMP/10/2019-20 dated May 9, 2019
• BSE Circular No. LIST/COMP/12/2019-20 dated May 14, 2019

The company has stated that these compliance requirements are not applicable due to its SME platform listing status.

Official Communication

The notification was signed by Ravina Modi, who serves as the Company Secretary & Compliance Officer with membership number A68996. The document was digitally signed on April 7, 2026, at 14:48:03 +05'30' and submitted to BSE's corporate communication department at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

DRA Consultants Limited has requested BSE to take this exemption claim on record, formally completing the notification process for the FY26 compliance cycle.

DRA Consultants Limited's Board of Directors conducted a comprehensive business review meeting on March 24, 2026, examining critical operational parameters and project portfolios. The meeting represents part of the company's regular governance practices to assess business performance and strategic direction.

Board Meeting Details

The board meeting was held on Tuesday, March 24, 2026, with specific timing and operational focus areas outlined in the company's regulatory filing.

Business Review Scope

The board's review encompassed multiple critical aspects of the company's operations, providing a comprehensive assessment of current business performance and future prospects.

The directors examined several key operational areas during their review:

• Revenue performance and trends
• Expense management and cost structures
• Cash flow position and liquidity status
• Work-in-hand projects and their progress
• Future project opportunities and pipeline

Regulatory Compliance

The meeting outcome was communicated to The Bombay Stock Exchange Limited as part of the company's regulatory obligations under Regulation 30. Company Secretary and Compliance Officer Ravina Modi, with membership number A68996, signed the disclosure document digitally at 11:34:23 on March 24, 2026.

Corporate Governance

This board meeting demonstrates DRA Consultants Limited's commitment to regular operational oversight and strategic planning. The focused 30-minute session allowed directors to efficiently review multiple business dimensions while maintaining comprehensive governance standards. The company's systematic approach to examining revenue, expenses, cash flow, and project portfolios reflects structured business management practices.