Steelman Telecom Limited Declares Non-Applicability of Annual Secretarial Compliance Report for FY26

1 min read     Updated on 09 Apr 2026, 02:40 PM
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Steelman Telecom Limited has notified BSE that Annual Secretarial Compliance Report requirements under Regulation 24A do not apply for FY26 due to its SME listing status. The company clarified that under Regulation 15(2) of SEBI LODR Regulations, entities on SME exchanges are exempt from multiple compliance provisions including mandatory secretarial audits. The declaration was submitted on April 09, 2026, by Company Secretary Aparupa Das, confirming the company's reduced regulatory compliance obligations as an SME-listed entity.

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Steelman Telecom Limited has officially informed the Bombay Stock Exchange that the Annual Secretarial Compliance Report requirements under Regulation 24A do not apply to the company for the financial year ended March 31, 2026. The declaration, submitted on April 09, 2026, by Company Secretary cum Compliance Officer Aparupa Das, clarifies the company's regulatory compliance status as an SME-listed entity.

Regulatory Framework and Exemptions

The communication references SEBI's amendment to the Listing Obligations and Disclosure Requirements Regulation, 2015, which introduced Regulation 24A mandating secretarial audits for listed companies. Under this regulation, every listed company and its material unlisted subsidiaries incorporated in India must undertake secretarial audit and annex a Secretarial Audit Report with their Annual Report, effective from the year ended March 31, 2019.

Regulation Details: Specifications
Applicable Regulation: 24A - Secretarial Audit
SEBI Circular Reference: CIR/CFD/CMDI/27/2019 dated February 08, 2019
Submission Timeline: Within 60 days of financial year end
Effective From: March 31, 2019

SME Platform Exemptions

Steelman Telecom Limited, listed on the BSE SME platform, benefits from specific regulatory exemptions under Regulation 15(2) of SEBI LODR Regulations, 2015. The company clarified that entities listed on SME exchanges are exempt from compliance with multiple regulatory provisions, including Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27, and specific clauses under Regulation 46 and Schedule V.

Company Communication Details

The formal declaration was addressed to the Corporate Relationship Department of Bombay Stock Exchange Limited and digitally signed by Aparupa Das, who serves as Company Secretary cum Compliance Officer with membership number 42450. The company operates under scrip code BSE: 543622 and was formerly known as Steelman Telecom Private Limited.

Compliance Status Confirmation

By virtue of its listing status on the BSE SME platform, Steelman Telecom Limited has confirmed that the mandatory secretarial audit and compliance reporting requirements under Regulation 24A do not apply to the company. This exemption allows SME-listed entities to operate with reduced regulatory compliance burdens compared to main board listed companies, supporting the growth and development of smaller enterprises in the capital markets.

Historical Stock Returns for Steelman Telecom

1 Day5 Days1 Month6 Months1 Year5 Years
-1.39%+14.53%-5.08%-29.47%-53.35%-58.03%

Will SEBI consider extending similar regulatory exemptions to other compliance requirements for SME-listed companies in 2026?

How might Steelman Telecom's exemption from secretarial audit requirements affect investor confidence compared to main board listed peers?

Could this regulatory framework differential create a competitive advantage for companies choosing SME listing over main board listing?

Steelman Telecom Limited Submits SEBI Compliance Certificate for Quarter Ended March 2026

1 min read     Updated on 07 Apr 2026, 03:16 PM
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Steelman Telecom Limited submitted its mandatory SEBI compliance certificate for Q4 FY26 on 07.04.2026, confirming all shares remain in demat form with no rematerialisation requests received. The filing, authorized by Company Secretary Aparupa Das and certified by registrar Bigshare Services, was distributed to BSE and major depositories, demonstrating routine regulatory adherence.

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Steelman telecom Limited has filed its quarterly compliance certificate with the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI's depository regulations. The submission, dated 07.04.2026, pertains to the quarter ended 31st March 2026 and demonstrates the company's adherence to mandatory reporting obligations.

Regulatory Compliance Details

The certificate was submitted pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Aparupa Das signed the submission on behalf of Steelman Telecom Limited, ensuring proper authorization and compliance with corporate governance requirements.

Parameter: Details
Filing Date: 07.04.2026
Quarter Period: Ended 31st March 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Authorized Signatory: Aparupa Das, Company Secretary & Compliance Officer

Certificate Status and Applicability

Bigshare Services Pvt. Ltd., serving as the company's registrar and transfer agent, confirmed that Regulation 74(5) is not applicable to Steelman Telecom Limited. This determination stems from the fact that the entire shareholding of the company remains in demat form, with no physical share certificates in circulation.

The registrar's certificate, dated 06/04/2026, specifically states that no requests for rematerialisation were received from any company members during the quarter ended 31st March 2026. This indicates that all shareholders continue to maintain their holdings in electronic format through depository participants.

Stakeholder Notifications

The compliance submission was distributed to key regulatory and depository entities to ensure comprehensive record-keeping. The filing was sent to multiple parties including the Bombay Stock Exchange, Central Depository Services (India) Limited, and National Securities Depository Limited.

Entity: Location
Bombay Stock Exchange: Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai-400001
Central Depository Services: Marathon Futurex, Lower Parel, Mumbai-400013
National Securities Depository: Trade World, Kamala Mills Compound, Mumbai-400013

Corporate Information

Steelman Telecom Limited operates from its registered office at Rishi Tower Premises, New Town, Kolkata, West Bengal. The company, formerly known as Steelman Telecom Private Limited, maintains its compliance obligations through proper documentation and timely submissions to regulatory authorities.

This quarterly filing represents standard regulatory practice for listed companies, ensuring transparency and adherence to SEBI's framework governing depository operations and participant responsibilities.

Historical Stock Returns for Steelman Telecom

1 Day5 Days1 Month6 Months1 Year5 Years
-1.39%+14.53%-5.08%-29.47%-53.35%-58.03%

What strategic initiatives might Steelman Telecom announce in their upcoming quarterly earnings report for Q4 2026?

How could the company's 100% demat shareholding structure impact potential future corporate actions like stock splits or bonus issues?

Will Steelman Telecom consider expanding beyond telecom services given the evolving digital infrastructure landscape in 2026?

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1 Year Returns:-53.35%