Sarthak Global Limited Confirms Exemption from Annual Secretarial Compliance Report for FY26
Sarthak Global Limited has confirmed its exemption from submitting the Annual Secretarial Compliance Report for FY26 under Regulation 24A of SEBI LODR. The exemption applies under Regulation 15(2)(b) for companies with paid-up equity capital not exceeding rupees ten crore and net worth not exceeding rupees twenty five crore. The filing references multiple SEBI and BSE regulatory circulars and was submitted by Company Secretary Ankit Joshi on April 07, 2026.

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Sarthak Global Limited has officially notified BSE Limited that it is exempt from submitting the Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The exemption is based on specific regulatory provisions under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Exemption Details
The company's exemption is granted under Regulation 15(2)(b) of SEBI LODR Regulations, which provides relief to smaller listed entities from certain corporate governance requirements. The regulation specifically exempts listed entities that meet defined financial thresholds from compliance with Regulation 24A provisions.
| Exemption Criteria: | Details |
|---|---|
| Paid-up Equity Share Capital: | Not exceeding rupees ten crore |
| Net Worth Threshold: | Not exceeding rupees twenty five crore |
| Assessment Period: | As on last day of previous financial year |
| Alternative Exemption: | Listed on SME Exchange platform |
Filing References and Compliance Framework
The company's filing references multiple regulatory circulars that establish the framework for Annual Secretarial Compliance Report submissions. These include SEBI Circular CIR/CFD/CMD1/27/2019 dated February 08, 2019, and several BSE circulars and notices issued between 2019 and 2023.
| Reference Documents: | Date |
|---|---|
| SEBI Circular CIR/CFD/CMD1/27/2019: | February 08, 2019 |
| BSE Circular LIST/COMP/10/2019-20: | May 09, 2019 |
| BSE Notice 20230316-14: | March 16, 2023 |
| BSE Notice 20230410-41: | April 10, 2023 |
| BSE Notice 20230614-44: | June 14, 2023 |
Corporate Information and Filing Details
Sarthak Global Limited, incorporated with CIN L99999MH1985PLC136835, maintains its registered office at Nariman Point, Mumbai, and corporate office in Indore, Madhya Pradesh. The filing was submitted by Company Secretary and Compliance Officer Ankit Joshi on April 07, 2026.
Regulatory Impact
The exemption under Regulation 15(2)(b) reflects SEBI's approach to proportionate regulation, where compliance requirements are scaled based on company size and complexity. This framework ensures that smaller listed entities are not burdened with compliance costs that may be disproportionate to their scale of operations while maintaining essential investor protection measures.
Historical Stock Returns for Sarthak Global
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.96% | -26.40% | -22.88% | -51.27% | +72.61% | +599.80% |
Will SEBI consider revising the financial thresholds for exemptions under Regulation 15(2)(b) to account for inflation and market growth?
How might Sarthak Global's business expansion plans be affected by the need to maintain compliance with the exemption criteria?
What impact could potential changes to SME Exchange listing requirements have on companies currently benefiting from these regulatory exemptions?




























