Shayona Engineering secures Rs 60.1 lakh order from 3rd Eye Industries

Shayona Engineering Limited has secured a purchase order from 3rd Eye Industries Private Limited for the supply of engineering components. The order, valued at Rs 60,10,920, includes GST at 18% and was received on May 21, 2026. The transaction falls under the ordinary course of business and involves domestic operations.

Order Details

The purchase order, numbered 3EIPL/PO015/2026-27, is governed by standard commercial terms. These include agreed pricing, a specific delivery schedule, payment terms, and warranty provisions. The company confirmed that the order does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the contract.

Key Information

Particulars	Details
Client Name	3rd Eye Industries Private Limited
Order Value	Rs 60,10,920 (including GST @18%)
Nature of Order	Supply of engineering components
Order Type	Domestic
Date of Receipt	May 21, 2026

The company has informed the stock exchanges regarding this development under Regulation 30 of the SEBI (LODR) Regulations, 2015. The management stated that the order would be executed in accordance with the terms specified in the purchase order document.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.19%	-0.37%	+4.04%	-11.26%	-11.26%	-11.26%

Shayona Engineering Limited has officially notified BSE Limited regarding the non-applicability of corporate governance provisions under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended March 31, 2026. The communication was submitted on April 15, 2026, by Company Secretary and Compliance Officer Bhumi Mehta.

Regulatory Exemption Details

The company has clarified that provisions relating to submission of Corporate Governance Report under Regulation 27(2) of SEBI LODR Regulations are not applicable to its operations. This exemption is specifically granted under Regulation 15(2) of SEBI LODR Regulations, which provides relief to entities listed on SME exchanges.

Regulatory Aspect:	Details
Applicable Regulation:	SEBI LODR Regulation 15(2)
Exempted Provisions:	Regulations 17 to 27 (except Regulation 23)
Additional Exemptions:	Clauses (b) to (i) and (t) of sub-regulation (2) of 46
Schedule Exemptions:	Paras C, D and E of Schedule V
Quarter:	Ended March 31, 2026

SME Platform Listing Benefits

Shayona Engineering's shares are listed on the SME Platform of BSE Limited, which qualifies the company for specific regulatory exemptions. The SEBI LODR Regulations recognize that companies listed on SME exchanges operate under different compliance frameworks compared to main board listings.

The exemption covers compliance with Corporate Governance Provisions as specified in multiple regulations and clauses, providing operational flexibility to SME-listed companies while maintaining essential disclosure requirements.

Parameter:	Details
Company Name:	Shayona Engineering Limited
Scrip Code:	544686
Listing Platform:	BSE SME
Communication Date:	April 15, 2026
Signatory:	Bhumi Mehta, Company Secretary

Corporate Governance Report Status

Based on the regulatory exemption, Shayona Engineering Limited is not required to submit the Corporate Governance Report for the quarter ended March 31, 2026. This notification ensures transparency with stakeholders while confirming compliance with applicable SEBI regulations for SME-listed entities.

The company has requested BSE Limited to take this information on record, maintaining proper regulatory communication protocols despite the exemption from corporate governance reporting requirements.