Siyaram Recycling Industries Clarifies Non-Applicability of Annual Secretarial Compliance Report for SME Listed Entity
Siyaram Recycling Industries Ltd. has notified BSE Limited about the non-applicability of Annual Secretarial Compliance report under Regulation 24A for SME-listed entities. The company clarified that as per Regulation 15(2) of SEBI LODR Regulations, entities listed on SME Platform are exempt from multiple regulatory provisions. The notification was signed by Managing Director Bhavesh Ramgopal Maheshwari on April 14, 2026.

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Siyaram Recycling Industries Ltd. has formally notified BSE Limited about the non-applicability of certain regulatory compliance requirements for SME-listed entities. The company clarified its exemption status regarding Annual Secretarial Compliance reporting under SEBI regulations.
Regulatory Exemption Details
The company informed BSE that being listed on the SME Platform, it is exempt from compliance with multiple regulations as specified under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The exemptions cover a comprehensive range of regulatory provisions.
| Exempted Regulations: | Coverage |
|---|---|
| Core Regulations: | 17, 17A, 18, 19, 20, 21, 22, 24, 24A, 25, 26, 27 |
| Sub-regulation Coverage: | Clause (b) to (i) of sub regulation (2) of Regulation 46 |
| Schedule V Coverage: | Para C, D, F and E |
| Specific Focus: | Regulation 24A - Annual Secretarial Compliance report |
Company Communication
The notification was addressed to BSE Limited at Floor 25, P J Towers, Dalal Street, Mumbai, referencing the company's script code 544047. The communication emphasized that compliance under Regulation 24A of SEBI LODR Regulations is specifically not applicable to the company due to its SME listing status.
Management Authorization
The notification was officially signed by Bhavesh Ramgopal Maheshwari, Managing Director, with DIN 06573087. The document was digitally signed and dated April 14, 2026, from Jamnagar.
| Company Details: | Information |
|---|---|
| CIN Number: | L27106GJ2007PLC049999 |
| Registered Office: | Plot No. 6 & 7, Village, Lakhabaval Post. Khodiyar colony, Jamnagar (Gujarat) 361006 |
| Communication Date: | April 14, 2026 |
| Place: | Jamnagar |
SME Platform Benefits
The notification highlights the regulatory relief provided to SME-listed entities under SEBI framework. Companies listed on SME exchanges benefit from reduced compliance burden, allowing them to focus on business operations while maintaining essential regulatory standards appropriate for their scale and investor base.
Historical Stock Returns for Siyaram Recycling Industr
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.76% | -3.35% | +5.06% | -60.61% | -72.21% | -32.47% |
Will SEBI consider tightening SME compliance requirements in response to growing market concerns about transparency?
How might Siyaram Recycling's reduced reporting obligations affect institutional investor interest in the stock?
Could this regulatory exemption impact the company's ability to graduate to the main board in the future?


































