N. D. Metal Industries Ltd, a manufacturer of non-ferrous metals, has submitted a non-applicability statement to the Bombay Stock Exchange regarding compliance requirements under SEBI regulations. The company filed this statement on April 9, 2026, confirming its regulatory status for the financial year ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the non-applicability statement pursuant to Regulation 32(1) of the SEBI (LODR) Regulations, 2015. This regulation typically requires companies to file statements regarding deviation or variation in the use of funds raised through various public offerings.

Fund Raising Activity Status

N. D. Metal Industries Ltd confirmed that it did not raise any funds through various capital market instruments during the specified period. The company explicitly stated that no funds were raised through:

• Public Issue
• Right Issue
• Preferential Issue
• Qualified Institutional Placement (QIP)

This absence of fund-raising activities during both the quarter and year ended March 31, 2026, renders the deviation or variation statement requirements under Regulation 32(1) non-applicable to the company.

Company Information

N. D. Metal Industries Ltd operates as a manufacturer of non-ferrous metals and is incorporated under the Corporate Identification Number L51900MH1984PLC032864. The regulatory filing was authorized and digitally signed by Managing Director Ajay Kumar Garg (DIN: 00988977), demonstrating proper corporate governance procedures in compliance submissions.

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.