M Lakhamsi Industries Limited Claims Exemption from Annual Secretarial Compliance Report for FY26
M Lakhamsi Industries Limited has claimed exemption from submitting Annual Secretarial Compliance Report for FY26 under SEBI Regulation 15(2). The company qualifies for this exemption as its paid-up equity share capital of INR 5,96,56,870 is below Rs. 10 crores and net worth of INR 8,36,81,544 is below Rs. 25 crores. The exemption is granted pursuant to SEBI Circular dated January 30, 2026, making Regulation 24A provisions non-applicable to the company.

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M Lakhamsi Industries Limited has notified BSE Limited about its exemption from submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The company's communication, dated April 16, 2026, outlines its eligibility for regulatory exemption based on specific financial thresholds.
Regulatory Exemption Details
The company is claiming exemption under Regulation 15(2) of Chapter IV of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption is available to companies that meet specific financial criteria regarding paid-up equity share capital and net worth thresholds.
| Financial Parameter: | Amount (INR) | Regulatory Threshold |
|---|---|---|
| Paid-up Equity Share Capital: | 5,96,56,870 | Below Rs. 10 crores |
| Net Worth: | 8,36,81,544 | Below Rs. 25 crores |
SEBI Circular Reference
The exemption is granted pursuant to SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. This circular relates to the format for Annual Secretarial Audit Report and Annual Secretarial Compliance Report for listed entities and their material subsidiaries.
Impact on Compliance Requirements
Due to the company's qualification for exemption under Regulation 15(2), the provisions of Regulation 24A of the SEBI LODR Regulations are not applicable to M Lakhamsi Industries Limited. As a result, the company is exempted from submitting the Annual Secretarial Compliance Report for FY26 to the stock exchange.
Company Information
The notification was signed by Mallika Sanjiv Sawla, Director & CFO (DIN: 01943285), on behalf of M Lakhamsi Industries Limited. The company operates as a Government Recognised Export House and is headquartered in Mumbai with offices at Churchgate Chambers, New Marine Lines.
Historical Stock Returns for M Lakhamsi Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | 0.0% | -100.00% | -100.00% | -100.00% |
Will M Lakhamsi Industries' growth trajectory push it beyond the exemption thresholds in the next 2-3 years, requiring full compliance reporting?
How might the recent SEBI circular changes affect other small-cap listed companies' compliance costs and reporting strategies?
Could this exemption signal M Lakhamsi Industries' focus on maintaining a lean capital structure rather than aggressive expansion?

































