Vivanza Biosciences Limited Exempt from Annual Secretarial Compliance Report for FY26 Under SEBI Regulation 24A
Vivanza Biosciences Limited has informed BSE about its exemption from submitting the Annual Secretarial Compliance Report for FY26 under SEBI Regulation 24A. The company qualifies for exemption with paid-up share capital of Rs. 4 crore and net worth of Rs. 4,02,03,752.40, both falling below the regulatory thresholds of Rs. 10 crores and Rs. 25 crores respectively. This exemption is available under Regulation 15(2) of SEBI (LODR) Regulations, 2015, for smaller listed entities.

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Vivanza biosciences Limited has notified BSE Limited about its non-applicability for submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026, under SEBI Regulation 24A. The company cited regulatory exemptions available to smaller listed entities under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Regulatory Framework and Exemption Criteria
Under Regulation 24A of SEBI (LODR) Regulations, 2018, and circular CIR/CFD/CMD1/27/2019 dated February 8, 2019, listed companies are required to submit an Annual Secretarial Compliance Report prepared by a Company Secretary in Practice. This report covers compliance with all applicable SEBI regulations and circulars, and must be submitted to stock exchanges within 60 days from the financial year end.
However, Regulation 15(2) of SEBI (LODR) Regulations, 2015, provides exemptions from corporate governance provisions, including Regulation 24A, for specific categories of listed entities.
Company's Financial Position and Exemption Status
Vivanza Biosciences qualifies for exemption under the criteria for listed entities with specific financial thresholds:
| Financial Parameter | Company Position | Regulatory Threshold |
|---|---|---|
| Paid-up Equity Share Capital | Rs. 4 crore | Not exceeding Rs. 10 crores |
| Net Worth | Rs. 4,02,03,752.40 | Not exceeding Rs. 25 crores |
| Exemption Status | Applicable | Under clause (a) of Regulation 15(2) |
The exemption applies to listed entities meeting either of two conditions:
- Paid-up equity share capital not exceeding Rs. 10 crores and net worth not exceeding Rs. 25 crores as on the last day of the previous financial year
- Entities whose specified securities are listed on SME Exchange
Compliance Communication
In its communication dated April 15, 2026, to BSE's Corporate Relationship Department, the company formally declared its exemption status. Company Secretary and Compliance Officer Chaitra Arora signed the notification, confirming that the provisions of Regulation 24A do not apply to the company based on its financial position.
The communication emphasizes that since Vivanza Biosciences falls under the exempted category, it is not required to submit the Annual Secretarial Compliance Report as mandated under Regulation 24A of the SEBI (LODR) Regulations, 2015. The company has requested BSE to acknowledge and take this information on record.
Historical Stock Returns for Vivanza Biosciences
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.00% | 0.0% | +15.38% | +2.44% | -9.87% | -80.08% |
Will Vivanza Biosciences need to implement full corporate governance requirements if its paid-up capital or net worth exceeds the exemption thresholds in future years?
How might this exemption from secretarial compliance reporting affect investor confidence and institutional investment interest in the company?
Could Vivanza Biosciences consider voluntary compliance with Regulation 24A to enhance transparency and governance standards despite being exempt?

































