CERTIFICATE FOR NON-APPLICABILITY OF CORPORATE GOVERNANCE REPORT.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BMB Music & Magnetics Ltd has submitted a certificate to BSE confirming that the Corporate Governance Report and related party transaction disclosures under Regulation 23(9) of SEBI (LODR) Regulations are not applicable to the company for the quarter ended June 30, 2025. The exemption applies because the company's paid-up equity share capital of Rs. 6.06 crores (below the Rs. 10 crore limit) and net worth (below the Rs. 25 crore limit) fall under the threshold prescribed in Regulation 15(2). The company secretary's certificate shows paid-up equity share capital of Rs. 605.97 lakhs for the last three consecutive years (FY23, FY24, FY25), with net worth rising from Rs. 232.48 lakhs in FY23 to Rs. 364.54 lakhs in FY25.
This is a routine regulatory filing with no material impact on shareholders or stock price. It simply confirms the company's small-cap status, meaning it is exempt from detailed corporate governance reporting and related party transaction disclosures that larger listed companies must file.