Rex Sealing and Packing Industries Declares Non-Applicability of SEBI Regulation 24A for FY26

1 min read     Updated on 02 Apr 2026, 12:11 AM
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Rex Sealing and Packing Industries Limited has declared exemption from SEBI Regulation 24A for FY26 ended March 31, 2026, based on its SME Exchange listing status. The exemption covers Secretarial Audit and Secretarial Compliance Report requirements under Regulation 15(2)(b) of SEBI LODR 2015. Managing Director Naresh Manjunath Nayak formally communicated this declaration to BSE Limited on April 01, 2026.

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Rex Sealing & Packing Industries Limited has officially declared its non-applicability for SEBI Regulation 24A compliance for the financial year ended March 31, 2026. The company communicated this exemption to BSE Limited through a formal declaration dated April 01, 2026.

Regulatory Exemption Details

The exemption is based on Regulation 15(2)(b) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, which provides specific relief for companies listed on SME Exchange. The regulation states that compliance with provisions of Regulation 24A shall not apply to listed entities that have their specified securities listed on the SME Exchange.

Parameter: Details
Exemption Basis: Regulation 15(2)(b) of SEBI LODR 2015
Financial Year: Ended March 31, 2026
Exchange Status: Listed on SME Exchange
Scrip Code: 543744

Scope of Exemption

The exemption specifically covers:

  • Secretarial Audit requirements under Regulation 24A
  • Secretarial Compliance Report obligations
  • Related disclosure requirements for SME-listed entities

Company Information

Rex Sealing and Packing Industries Limited operates as an ISO 9001:14001 certified company with its corporate office located at A-207, Byculla Service Industries, D.K. Road, Byculla East, Mumbai. The company's manufacturing facility is situated at Plot No. M-44, M.I.D.C. Industrial Area, Taloja, Panvel, Raigad, Maharashtra.

Management Declaration

The declaration was signed by Naresh Manjunath Nayak, Managing Director (DIN 00347765), who formally requested BSE Limited to take note of this regulatory exemption. The company maintains its commitment to compliance with applicable regulations while leveraging the exemptions available to SME Exchange-listed entities.

The company holds a CRISIL rating of SE 2B, indicating high performance capability with moderate financial strength, reflecting its operational efficiency within the SME segment.

Historical Stock Returns for Rex Sealing & Packing Industries

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Will Rex Sealing consider migrating from SME Exchange to main board listing in the coming years, which would trigger SEBI Regulation 24A compliance requirements?

How might the recent regulatory exemptions for SME-listed companies impact Rex Sealing's operational costs and compliance budget for FY2027?

Could Rex Sealing's CRISIL SE 2B rating be upgraded following reduced compliance obligations, and what factors would drive such an improvement?

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Rex Sealing & Packing Industries Confirms No Loan Defaults in Quarterly BSE Filing

1 min read     Updated on 01 Apr 2026, 11:24 PM
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Rex Sealing & Packing Industries Limited filed its quarterly disclosure with BSE confirming no defaults on interest payments or principal repayments across all debt categories including bank loans, financial institution loans, and unlisted debt securities. The disclosure was signed by Managing Director Naresh Manjunath Nayak and demonstrates the company's continued financial discipline and regulatory compliance.

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Rex sealing & packing industries Limited has filed its quarterly disclosure with the Bombay Stock Exchange, confirming that the company has maintained its clean record with no defaults on loan obligations. The disclosure demonstrates the company's continued financial discipline and compliance with regulatory requirements.

Quarterly Compliance Declaration

The company submitted a formal declaration to BSE confirming no defaults across all categories of debt obligations. Managing Director Naresh Manjunath Nayak signed the disclosure, which covers the company's performance on various financial commitments.

Parameter: Status
Interest Payment Defaults: None
Principal Repayment Defaults: None
Bank Loan Defaults: None
Financial Institution Defaults: None
Unlisted Debt Securities Defaults: None

Corporate Leadership and Governance

The disclosure was signed by Naresh Manjunath Nayak, who serves as Managing Director with DIN 00347765. The formal submission to BSE reflects the company's commitment to transparent financial reporting and regulatory compliance.

Company Operations

Rex Sealing & Packing Industries operates as an ISO 9001:14001 certified company, maintaining quality and environmental management standards. The company's corporate office is located at A-207, Byculla Service Industries, D.K. Road, Byculla East, Mumbai, while its manufacturing operations are based at Plot No. M-44, M.I.D.C. Industrial Area, Taloja, Panvel, in Raigad district, Maharashtra.

Financial Standing

The quarterly disclosure reinforces the company's stable financial position and its ability to meet debt obligations on schedule. This clean record on loan servicing indicates sound financial management and operational cash flow generation capabilities.

Historical Stock Returns for Rex Sealing & Packing Industries

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0.0%0.0%0.0%-100.00%-100.00%-100.00%

How will Rex Sealing's strong debt servicing record position the company for potential expansion financing in the sealing and packaging industry?

What impact could the company's clean financial track record have on its credit rating and borrowing costs for future projects?

Will Rex Sealing leverage its solid financial standing to pursue strategic acquisitions or partnerships in the ISO-certified manufacturing space?

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