Hariyana Ventures Limited, formerly known as Haryana Metals Limited, has informed BSE Limited that the Statement of Deviation(s) or Variation(s) under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the quarter ended March 31, 2026. The disclosure was submitted to the Department of Corporate Services at BSE Limited on May 09, 2026.

Regulatory Disclosure Details

The company confirmed that there has been no deviation or variation in the use of Public Issue Proceeds raised from its Initial Public Offering. Accordingly, the filing of the Statement of Deviation(s) or Variation(s) does not apply to Hariyana Ventures for the relevant quarter. The following key details pertain to this regulatory communication:

Compliance Confirmation

The communication was signed by Mr. Harish Agrawal, Managing Director (DIN: 00291083), on behalf of Hariyana Ventures Limited. The company's registered office is located at Plot No. 158, 1st Floor, Small Factory Area Bagadganj, Nagpur, Maharashtra, India – 440008. The disclosure reaffirms the company's adherence to its listing obligations with respect to the utilisation of IPO proceeds.

Hariyana ventures Limited has filed a declaration with BSE Limited on April 09, 2026, stating that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to the company. The declaration was submitted to the stock exchange's listing compliance department, citing specific regulatory exemptions that make the company non-compliant with certain SEBI requirements.

Regulatory Background and Requirements

The Securities and Exchange Board of India amended the Listing Obligations and Disclosure Requirements Regulation, 2015, to include Regulation 24A regarding secretarial audit. Under this regulation, every listed company and its material unlisted subsidiaries incorporated in India must undertake secretarial audit and annex a secretarial audit report with their annual report. The regulation became effective from the year ended March 31, 2019.

As per SEBI's circular dated February 08, 2019 (reference No. CIR/CFD/CMDI/27/2019), the annual Secretarial Compliance Report must be submitted by listed entities to stock exchanges within 60 days of the end of the financial year.

Exemption Criteria and Company Status

Hariyana Ventures Limited claims exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides exemptions from compliance with various provisions, including Regulation 24A, for specific categories of companies.

The exemptions apply to regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and specific clauses of regulation 46 and Schedule V.

Company Details and Declaration

The declaration was signed by Mr. Harish Agrawal, Managing Director (DIN: 00291083), on behalf of Hariyana Ventures Limited. The company, formerly known as Hariyana Metals Limited, is registered at Plot No. 158, 1st floor, Small Factory Area Bagadganj, Nagpur, Maharashtra, India, 440008.

The company has requested BSE Limited to take the declaration on record, confirming that the requirement for submission of Secretarial Compliance Report does not apply to their operations under the current regulatory framework.