Rishabh Digha Steel & Allied Products Limited has officially declared its non-applicability for the Annual Secretarial Compliance Report under SEBI Regulation 24A. The company communicated this exemption to BSE Limited through a formal declaration dated April 07, 2026.

Regulatory Background and Requirements

SEBI Regulation 24A mandates that every listed company and its material unlisted subsidiaries incorporated in India must undertake secretarial audit and annex a secretarial audit report with their annual report. This requirement became effective from the year ended March 31, 2019. The regulation requires listed entities to submit the Annual Secretarial Compliance Report to stock exchanges within 60 days of the financial year end.

Exemption Criteria and Company Status

The company qualifies for exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides relief to smaller listed entities from various compliance requirements.

Scope of Regulatory Relief

The exemption under Regulation 15(2) extends beyond just the secretarial compliance report. Companies meeting the specified criteria are relieved from compliance with multiple regulations including 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27, and specific clauses of regulation 46, along with Para C, D and E of Schedule V.

Company Details and Communication

The declaration was signed by Ashok M Mehta, Managing Director (DIN: 00163206), and digitally authenticated on April 07, 2026. The company is registered in Mumbai with CIN L15310MH1991PLC064563 and trades on BSE under scrip code 531539.

This declaration ensures compliance with SEBI's disclosure requirements while formally establishing the company's exemption status from the secretarial audit reporting obligations.

Rishabh Digha Steel & Allied Products Limited has officially declared to BSE that it does not fall under the Large Corporate Framework as specified in SEBI regulations. The company made this declaration in compliance with regulatory requirements regarding corporate classification and disclosure obligations.

Regulatory Framework Reference

The declaration was made with reference to specific SEBI circulars that govern Large Corporate entities and their compliance requirements. The company cited two key regulatory documents in its communication to the stock exchange.

Company's Declaration

Rishabh Digha Steel & Allied Products Limited formally stated that it does not meet the criteria to be classified as a "Large Corporate" under the framework provided in the aforementioned SEBI circulars. This classification is significant as it determines the company's regulatory obligations and disclosure requirements.

The company emphasized that since it does not qualify as a Large Corporate, it is not obligated to file any disclosures as per the said circular. This declaration helps clarify the company's regulatory status and compliance obligations to stakeholders and regulatory authorities.

Communication Details

The declaration was submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The communication was digitally signed by Managing Director Ashok Maganlal Mehta on April 07, 2026.

Regulatory Implications

This declaration serves to formally establish the company's position regarding SEBI's Large Corporate Framework. The framework typically applies to entities meeting specific financial thresholds and requires enhanced disclosure and compliance measures. By declaring non-applicability, the company has clarified its regulatory standing and informed the exchange that it will not be filing disclosures mandated specifically for Large Corporates under the referenced circulars.