Supershakti metaliks Limited has formally communicated to BSE regarding the non-applicability of certain SEBI compliance requirements for SME listed entities. The company submitted its declaration on 02-April, 2026, clarifying its regulatory compliance obligations as an entity listed on the SME platform.

Regulatory Exemptions for SME Listed Entities

The company has declared that it is exempt from compliance with Annual Secretarial Compliance Report under Regulation 24A and Corporate Governance Report under Regulation 27 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This exemption is based on Regulation 15(2) of the same regulations, which provides specific relief to SME listed entities.

Comprehensive SEBI Regulation Exemptions

As per Regulation 15(2), SME listed entities are exempt from compliance with multiple SEBI regulations. The comprehensive list of non-applicable regulations includes Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V.

Company Information and Communication

The declaration was signed by Navin Agarwal, Company Secretary & Compliance Officer (Membership No.: 17290), on behalf of Supershakti Metaliks Limited. The company's registered office is located at 'PREMLATA', 39, Shakespeare Sarani, 2nd Floor, Kolkata - 700 017, West Bengal.

The company has requested BSE to take this declaration on record, ensuring proper documentation of its compliance status as an SME listed entity. This formal communication helps maintain transparency regarding the company's regulatory obligations and exemptions under SEBI guidelines for SME platform listed companies.

Supershakti Metaliks Limited has successfully concluded all Income Tax Department assessment proceedings related to search and seizure operations conducted in 2022, with no financial demand imposed on the company. The announcement was made through a regulatory filing to BSE on 14th March, 2026.

Assessment Proceedings Completion

The company informed the stock exchange that all assessment proceedings relevant to the search and seizure operations conducted by the Income Tax Department have now been completed. The outcome represents a favorable resolution for the company, as no demand has been raised against Supershakti Metaliks Limited.

Timeline and Background

The assessment proceedings stem from search and seizure operations that were initially conducted by the Income Tax Department in June 2022. The company had previously intimated the exchange about these operations on 2nd June, 2022, maintaining transparency with stakeholders throughout the process.

Corporate Compliance

The announcement was signed by Navin Agarwal, Company Secretary and Compliance Officer (Membership No.: 12290), demonstrating the company's commitment to regulatory compliance and stakeholder communication. The filing serves to update investors and regulatory authorities about the conclusion of this matter.

Regulatory Significance

The completion of these proceedings with no demand represents a positive outcome for the company, removing any potential financial liability or regulatory overhang related to the 2022 search operations. This development provides clarity to stakeholders regarding the company's tax compliance status.