N. D. Metal Industries Ltd has informed BSE Limited that it is exempt from complying with SEBI Regulation 24A requirements for submitting Annual Secretarial Compliance Reports. The company's disclosure, made on April 9, 2026, cites specific financial thresholds that qualify it for regulatory exemption.

Regulatory Exemption Details

The company has claimed exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption applies to listed entities whose financial parameters fall below specified limits as of the previous financial year end.

SEBI Compliance Framework

SEBI introduced the Annual Secretarial Compliance Report requirement through Circular No CIR/CFD/CMD1/27/2019 dated February 8, 2019. This regulation mandates listed companies to submit compliance reports prepared by Company Secretaries in Practice within 60 days of the financial year end.

However, SEBI subsequently issued clarifications through Circular Nos. LIST/COMP/10/2019-20 and LIST/COMP/12/2019-20 dated May 9, 2019, and May 14, 2019, respectively. These circulars specifically exempted companies that qualify under Regulation 15(2) from the Annual Secretarial Compliance Report submission requirement.

Company's Position

N. D. Metal Industries Ltd's Managing Director Ajay Kumar Garg (DIN: 00988977) confirmed that the company meets the exemption criteria based on its financial position as of March 31, 2026. The disclosure emphasizes that the company is not required to comply with Regulation 24A provisions or submit the Annual Secretarial Compliance Report.

The company has requested BSE to treat this communication as a formal disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding its regulatory compliance status.

N D Metal Industries Ltd, a manufacturer of non-ferrous metals, has completed its regulatory filing by submitting the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The submission covers the fourth quarter and year ended March 31, 2026, fulfilling the company's compliance obligations with the securities market regulator.

Regulatory Compliance Details

The certificate was submitted to the Bombay Stock Exchange Limited, where the company's shares are listed under scrip code 512024. Managing Director Ajay Kumar Garg signed the submission on April 9, 2025, ensuring timely compliance with the regulatory deadline.

Registrar Confirmation

Bigshare Services Pvt Ltd, serving as the company's registrar and transfer agent, provided the accompanying certificate dated April 7, 2026. The registrar confirmed that all securities received from depository participants for dematerialization up to March 31, 2026 were properly processed and confirmed to the depositories.

The registrar's certificate validates several key compliance aspects:

• Securities received for dematerialization were accepted or rejected as appropriate
• All securities comprised in the certificates have been listed on the stock exchange
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members within the required 15-day timeframe

Company Background

N D Metal Industries Ltd operates as a manufacturer of non-ferrous metals and is incorporated under CIN L51900MH1984PLC032864. The company maintains its registered office at 417 Maker Chambers V, Fourth Floor, Nariman Point, Mumbai. Ajay Kumar Garg serves as Managing Director with DIN 00988977.

Regulatory Framework

Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 mandates that companies submit quarterly certificates confirming compliance with dematerialization procedures. This regulatory requirement ensures transparency in the handling of securities and maintains investor confidence in the depository system. The submission demonstrates N D Metal Industries Ltd's adherence to corporate governance standards and regulatory compliance protocols.