Pro CLB Global Limited has officially notified BSE Limited that it will not be submitting an Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The communication, dated April 16, 2026, cites regulatory exemptions available to smaller listed entities under SEBI regulations.

Regulatory Exemption Details

The company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This provision specifically exempts listed entities meeting certain size criteria from various corporate governance requirements.

Exempted Provisions

Under the claimed exemption, Pro CLB Global Limited is relieved from compliance with multiple SEBI regulations. The exemption covers regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and specific clauses of sub-regulation 46, along with Para C, D and E of Schedule V.

The Annual Secretarial Compliance Report requirement under Regulation 24A, which was introduced through SEBI circular CIR/CFD/CMD1/27/2019 dated February 8, 2019, falls within the scope of exempted provisions for qualifying smaller entities.

Company Background

Pro CLB Global Limited, formerly known as Provestment Services Limited, operates under scrip code 540703 on BSE. The notification was signed by Director Hemant Shantilal Mehta (DIN: 05303980) and submitted to BSE's Corporate Relationship Department.

Compliance Framework

The exemption framework under SEBI regulations recognizes that smaller listed entities may face disproportionate compliance burdens relative to their size and resources. By providing these exemptions, the regulatory framework aims to balance investor protection with practical compliance considerations for smaller public companies.

The company has requested BSE to take note of this exemption claim and update their records accordingly. This notification ensures transparency with the stock exchange regarding the company's compliance status and regulatory obligations for the financial year 2025-26.

Pro CLB Global Limited has formally notified BSE Limited that it does not qualify as a Large Corporate under the regulatory classification framework established by the Securities and Exchange Board of India (SEBI). The disclosure, submitted on April 16, 2026, ensures the company's compliance with mandatory reporting obligations.

Regulatory Compliance Framework

The disclosure was made pursuant to specific regulatory guidelines that govern corporate classification in India's capital markets:

The company's communication to BSE's Corporate Relationship Department specifically referenced the applicability criteria outlined in these regulatory frameworks, confirming that Pro CLB Global Limited does not fall under the categories that would classify it as a Large Corporate entity.

Company Information and Authorization

Pro CLB Global Limited, formerly known as Provestment Services Limited, operates under specific corporate identifiers and maintains its regulatory standing through proper disclosure mechanisms:

Official Certification

The disclosure was officially signed by Hemant Shantilal Mehta, Director of the company, bearing DIN 05303980. The digital signature was applied on April 16, 2026, at 16:36:06 +05'30', providing the necessary authorization for this regulatory communication.

The company requested BSE Limited to take the disclosure on record, completing the mandatory reporting process as required under the applicable SEBI guidelines for corporate classification and transparency requirements.