Misquita engineering Limited has officially informed BSE about the non-applicability of Annual Secretarial Compliance Report requirements under Regulation 24A of SEBI (Listing Obligation and Disclosure Requirements) Regulations. The declaration was submitted on April 09, 2026, addressing the regulatory compliance framework applicable to SME-listed entities.

Regulatory Exemption Framework

The company's declaration is grounded in Regulation 15(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, which provides specific exemptions for entities listed on SME exchanges. This regulation exempts SME-listed companies from compliance with multiple provisions of the SEBI LODR framework.

Company Profile and Listing Details

Misquita Engineering Limited operates as a manufacturer of precision machined components and is incorporated under Corporate Identity Number L74210GA1998PLC002537. The company is listed on the BSE SME platform with scrip code 542801.

Corporate Information

Compliance Declaration Impact

The formal declaration to BSE clarifies the company's regulatory position regarding Annual Secretarial Compliance Report requirements. By virtue of its SME listing status, Misquita Engineering Limited is not required to comply with Regulation 24A provisions, which typically mandate annual secretarial compliance reporting for mainboard listed entities.

The company has requested BSE to take this declaration on record, ensuring proper documentation of its compliance status. This regulatory clarity helps establish the appropriate compliance framework applicable to the company's operations and reporting obligations as an SME-listed entity.

Misquita engineering Limited has officially communicated to BSE Limited that it does not qualify as a "Large Corporate" under the SEBI regulatory framework, thereby exempting itself from specific disclosure and compliance obligations.

Regulatory Declaration Details

The company submitted its declaration on April 9, 2026, addressing the requirements under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and subsequent circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars pertain to fund raising through debt securities issuance by large entities and associated disclosure requirements.

Company Status and Implications

Misquita Engineering Limited, a manufacturer of precision machined components, confirmed that it does not meet the criteria for classification as a Large Corporate under the SEBI framework. This determination means the company is not subject to the enhanced disclosure and compliance requirements that apply to larger entities when raising funds through debt securities.

The declaration was signed by Mr. Thomas Constance Avinash Misquita, Managing Director, and submitted to BSE's Listing Compliance department. The company's registered office and manufacturing facility are located in Nachinola, Bardez, Goa.

Compliance Framework Context

The SEBI Large Corporate Framework establishes specific guidelines for entities that meet certain size and financial thresholds. Companies falling under this category face additional regulatory obligations, particularly regarding debt securities issuance and related disclosures. By declaring its non-applicability status, Misquita Engineering Limited has formally clarified its regulatory position and compliance obligations to the stock exchange.