Safa Systems & Technologies Claims SME Exemption from Annual Secretarial Compliance Report for FY26
Safa Systems & Technologies Limited has notified BSE Limited that it will not submit the Annual Secretarial Compliance Report for FY26, claiming exemption under Regulation 15(2) of SEBI (LODR) Regulations 2015 as an SME Exchange-listed entity. The company's Managing Director Faizal Bavaraparambil Abdul Khader signed the notification dated April 16, 2026, requesting the stock exchange to record this regulatory exemption.

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Safa Systems & Technologies Limited has officially notified BSE Limited that it will not be submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026, citing exemptions available to SME-listed companies.
Regulatory Exemption Details
The company has informed the stock exchange that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to its operations. This notification was made in reference to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.
| Parameter | Details |
|---|---|
| Exemption Claimed | Regulation 15(2) of Chapter IV of SEBI (LODR) Regulations 2015 |
| Basis for Exemption | Listed entity with specified securities on SME Exchange |
| Financial Year | Ended March 31, 2026 |
| Notification Date | April 16, 2026 |
SME Exchange Benefits
Safa Systems & Technologies Limited is claiming exemption specifically under Regulation 15(2)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, which applies to listed entities that have listed their specified securities on the SME Exchange. This regulatory framework provides relaxation to SME listed companies from certain compliance requirements.
Company Information
The notification was signed by Faizal Bavaraparambil Abdul Khader, Managing Director of the company, bearing DIN: 07729191. The company operates under CIN NO: L52100KL2021PLC071051 and GST No: 32ABGCS8921G1ZB.
| Corporate Details | Information |
|---|---|
| Scrip Code | 543461 |
| Symbol | SSTL |
| Managing Director | Faizal Bavaraparambil Abdul Khader |
| DIN | 07729191 |
The company has requested BSE Limited to take this exemption notification on record, emphasizing that the relaxation provided under SEBI regulations exempts SME listed companies from submitting the Annual Secretarial Compliance Report to the stock exchange for the specified financial year.
Historical Stock Returns for Safa Systems & Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +1.69% | +22.67% | -44.33% | -46.03% | +33.82% |
Will SEBI consider tightening compliance requirements for SME-listed companies in future regulatory updates?
How might this exemption impact investor confidence in Safa Systems' corporate governance practices?
Could other SME-listed companies follow suit and claim similar exemptions for their compliance reporting?





























