Jet Solar Limited Claims Exemption from SEBI Regulation 24A Under SME Exchange Provisions
Jet Solar Limited has filed for exemption from SEBI Regulation 24A under Regulation 15(2) of SEBI LODR Regulations 2015. The company qualifies based on its paid-up equity capital of Rs. 11.87 crores and SME Exchange listing status. The exemption applies to companies with specific capital thresholds or SME Exchange listings as on March 31, 2026.

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Jet Solar Limited has filed a regulatory compliance document with BSE Limited claiming exemption from SEBI Regulation 24A under the provisions of Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The filing, dated April 14, 2026, outlines the company's eligibility criteria for this regulatory exemption.
Exemption Criteria and Company Status
The company's exemption claim is based on specific regulatory provisions that exempt certain categories of listed entities from Regulation 24A requirements. The exemption applies to companies meeting either of two conditions as on the last day of the previous financial year.
| Exemption Criteria: | Company Status |
|---|---|
| Paid-up Equity Share Capital: | Rs. 11,87,60,000 (Rs. 11.87 crores) |
| Net Worth Threshold: | Does not exceed Rs. 25,00,00,000 (Rs. 25 crores) |
| Exchange Listing: | SME Exchange |
| Reference Date: | March 31, 2026 |
Regulatory Framework
Under Regulation 15(2) of SEBI LODR Regulations 2015, Regulation 24A shall not apply to two specific categories of listed entities:
- Listed entities with paid-up equity share capital not exceeding Rs. 10 crores and net worth not exceeding Rs. 25 crores as on the last day of the previous financial year
- Listed entities which have listed their specified securities on the SME Exchange
Company Background
Jet Solar Limited, formerly known as Jet Infraventure Limited, operates under the tagline "The Smart Choice for Tomorrow." The company trades on BSE Limited under script code 538794. The regulatory filing was signed by Krunal Sailesh Shah, who serves as the Company Secretary and Compliance Officer.
Filing Details
The compliance document was submitted to the BSE Limited Compliance Department at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai. The filing requests the exchange to take the exemption claim on record, ensuring proper regulatory compliance under the applicable SEBI regulations.
The company's dual qualification under both the capital threshold criteria and SME Exchange listing status strengthens its position for claiming the regulatory exemption from SEBI Regulation 24A requirements.
Historical Stock Returns for Jet Solar
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.97% | 0.0% | -4.97% | +21.09% | -34.29% | -82.78% |
Will Jet Solar's exemption from SEBI Regulation 24A impact its ability to attract institutional investors or access capital markets in the future?
How might potential changes to SEBI's SME Exchange regulations affect Jet Solar's continued exemption status?
What strategic growth plans could Jet Solar pursue while maintaining its capital structure below the exemption thresholds?



























