Paradeep Parivahan Limited Declares Non-Applicability of Annual Secretarial Compliance Report Under SEBI Regulation 24A

Paradeep Parivahan Limited has officially communicated to BSE Limited regarding the non-applicability of certain SEBI compliance requirements due to its SME listing status. The company filed a formal declaration on April 09, 2026, clarifying its exemption from specific regulatory obligations.

Regulatory Exemption Details

The declaration specifically addresses the non-applicability of the Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligation and Disclosure Requirements) (Amendment) Regulations, 2018. This exemption is granted under Regulation 15(2) of SEBI LODR Regulations 2015, which provides relief to SME-listed entities from various compliance requirements.

Exemption Details:	Information
Regulation Referenced:	24A of SEBI LODR Regulations
Basis for Exemption:	Regulation 15(2) of SEBI LODR 2015
Platform:	BSE SME
SEBI Circular Reference:	CIR/CFD/CMDI/27/2019 dated February 08, 2019

Comprehensive Regulatory Relief for SME Entities

According to the company's declaration, SME-listed entities are exempt from compliance with multiple SEBI regulations. The exempted regulations include:

Regulations 17, 17A, 18, 19, 20, 21, 22, 24, 24A, 25, 26, 26A, and 27
Clauses (b) to (i) and (t) of sub-regulation (2) of Regulation 46
Para C, D and E of Schedule V of SEBI LODR Regulations 2015

Company Communication

The formal communication was addressed to BSE Limited at P.J. Towers, Dalal Street, Fort, Mumbai, referencing the company's scrip code 544383. Managing Director Khalid Khan signed the declaration digitally on April 09, 2026, at 18:17:25 +05'30', with his Director Identification Number listed as 06432054.

Communication Details:	Information
Date:	April 09, 2026
Signatory:	Khalid Khan, Managing Director
DIN:	06432054
Scrip Code:	544383

The company has requested BSE Limited to take this declaration on record, ensuring proper documentation of its compliance status as an SME-listed entity.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.49%	-4.67%	-9.49%	-8.10%	+66.32%	+73.71%

Paradeep Parivahan Limited has officially informed the BSE that it does not qualify as a Large Corporate under the current SEBI regulatory framework. The company submitted this notification on April 06, 2026, confirming its status as of March 31, 2026.

Regulatory Compliance Notification

The notification references several key SEBI circulars that establish the framework for Large Corporate classification and associated compliance requirements:

Circular Reference:	Date
SEBI/HO/DDHS/CIR/P/2018/144	November 26, 2018
SEBI/HO/DDHS/P/CIR/2021/613	April 13, 2022
SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172	October 19, 2023

These circulars specifically address fund raising through issuance of debt securities by Large Corporates and the corresponding disclosure and compliance obligations.

Company Status Declaration

The formal communication to BSE's Listing Corporate Relations Department clearly states that Paradeep Parivahan Limited does not meet the criteria for Large Corporate classification under the SEBI framework. This determination was made as of March 31, 2026, indicating the company's financial position and operational scale do not trigger the enhanced regulatory requirements applicable to Large Corporates.

Compliance Officer Authorization

The notification was digitally signed by Usha Rani Ray, serving as Company Secretary and Compliance Officer with ACS registration number 79021. The digital signature was executed on April 06, 2026, at 16:58:23 +05'30', providing official authentication for the regulatory submission.

Implications for Stakeholders

This classification confirms that Paradeep Parivahan Limited operates under the standard regulatory framework rather than the enhanced disclosure requirements imposed on Large Corporates. The company has requested BSE to maintain this status determination in their official records, ensuring proper regulatory categorization for future compliance purposes.