Sashwat Technocrats Limited has informed the Bombay Stock Exchange that its board meeting is scheduled to be held on May 27, 2026. The meeting will take place at the company's registered office in Mumbai.

The primary agenda for the board meeting is to consider the audited financial results of the company for the quarter and year ended March 31, 2026. The intimation was submitted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The company has requested the exchange to take the intimation on record. The communication was signed by Prakhar Singh Taunk, Company Secretary and Compliance Officer.

Sashwat Technocrats Limited has notified the Bombay Stock Exchange about its non-applicability for certain SEBI compliance requirements for the financial year ending March 31, 2026. The company has claimed exemption from submitting the Annual Secretarial Compliance Report under Regulation 24(A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Framework and Requirements

The Securities and Exchange Board of India (SEBI) introduced mandatory Annual Secretarial Compliance Report requirements through Circular No. CIR/CFD/CMD1/27/2019 dated February 8, 2019. Under these regulations, listed entities must engage a Company Secretary in Practice to prepare a comprehensive compliance report covering all applicable SEBI regulations and guidelines. This report must be submitted to stock exchanges within 60 days of the financial year end.

Exemption Criteria and Company Status

Sashwat Technocrats Limited qualifies for exemption under Regulation 15(2) of SEBI LODR 2015, which provides relief to smaller listed companies. The exemption applies to entities where both paid-up equity share capital and net worth fall below specified thresholds.

SEBI Clarifications on Exemptions

SEBI has provided specific clarifications through Circular Nos. LIST/COMP/10/2019-20 and LIST/COMP/12/2019-20 dated May 9, 2019, and May 14, 2019, respectively. These circulars explicitly state that listed entities claiming exemption under Regulation 15(2) are not required to comply with Annual Secretarial Compliance Report submission requirements.

Company Communication Details

The formal notification was submitted by Prakhar Singh Taunk, Company Secretary and Compliance Officer of Sashwat Technocrats Limited. The company maintains its registered office at Office No. 14, First Floor, Plumber House, 557, J.S.S. Road, Chira Bazar, Mumbai - 400002, and trades on BSE with scrip code 506313 under the name SASHWAT.

Compliance Impact

This exemption relieves Sashwat Technocrats Limited from the administrative and financial burden of engaging external Company Secretaries for compliance reporting. The exemption specifically covers Regulation 24(A) requirements and associated SEBI circular obligations, allowing the company to focus resources on core business operations while maintaining essential regulatory compliance for smaller listed entities.