Sattrix Information Security Limited has officially communicated to BSE Limited that it does not fall under the Large Corporate (LC) category as defined by SEBI regulations, thereby exempting the company from specific disclosure requirements for the financial year ended March 31, 2026.

Regulatory Framework and Compliance Status

The notification, dated April 10, 2026, references two key SEBI circulars that establish the framework for Large Corporate classification and associated disclosure requirements:

These circulars mandate specific disclosure requirements for companies classified as Large Corporates, including compliance reporting for debt securities issuance.

Classification Assessment

Sattrix Information Security Limited's assessment against the three mandatory conditions for Large Corporate status reveals partial compliance:

Since the company satisfies only one out of three mandatory conditions, it does not qualify for Large Corporate classification under the SEBI framework.

Disclosure Exemptions

As a result of this non-LC status, Sattrix Information Security Limited is exempt from filing several mandatory disclosures for the Financial Year 2025-26:

• Initial disclosure requirements under Annexure A
• Annual disclosure requirements under Annexure B1
• Additional annual disclosure requirements under Annexure B2

The formal notification was signed by Ms. Rina Kumari, Company Secretary & Compliance Officer (Membership No. A70059), ensuring proper regulatory compliance and transparency with the stock exchange regarding the company's classification status.

Sattrix Information Security Limited has officially notified BSE Limited regarding its exemption from Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication, dated April 10, 2026, clarifies the company's regulatory compliance status based on its listing category.

Regulatory Exemption Details

The company has invoked Regulation 15(2) of SEBI LODR Regulations, 2015, which provides specific exemptions from corporate governance provisions. Under this regulation, certain categories of listed entities are exempt from compliance with various corporate governance requirements.

Corporate Governance Compliance Status

Sattrix Information Security Limited falls under Category B of the exemption criteria, as its equity shares are listed on the BSE SME Exchange. This classification automatically exempts the company from multiple corporate governance provisions that apply to mainboard-listed companies.

The exempted regulations include comprehensive corporate governance requirements covering:

• Board composition and procedures
• Audit committee requirements
• Nomination and remuneration committee provisions
• Risk management committee obligations
• Related party transaction disclosures
• Various other governance and disclosure requirements

Secretarial Compliance Report Exemption

As a direct consequence of this exemption, the company is not required to submit a Secretarial Compliance Report for the financial year ended March 31, 2026. This report, mandated under Regulation 24A of SEBI LODR Regulations, 2015, is a mandatory requirement for most listed companies but does not apply to SME-listed entities.

Official Communication

The formal intimation was signed by Rina Kumari, Company Secretary and Compliance Officer (Membership No. A70059), and submitted to BSE Limited's Listing Department. The communication specifically references the company's scrip code 544189 and provides comprehensive details about the regulatory exemption basis.

This regulatory exemption reflects the differentiated compliance framework that SEBI has established for SME-listed companies, recognizing their distinct operational scale and resource constraints compared to mainboard-listed entities.