Steelman Telecom Limited Declares Non-Applicability of Annual Secretarial Compliance Report for FY26
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?





























