Non Applicability of Corporate Governance Report for Quarter 31.03.2025
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Cargotrans Maritime Limited has informed BSE that it is not required to submit a Corporate Governance Report for the quarter ended March 31, 2025. The company is listed on the BSE SME platform, and under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, companies listed on SME exchanges are exempt from complying with the corporate governance provisions specified in Regulations 17 to 27. The letter, signed by Director Edwin Alexander on April 19, 2025, is a routine procedural disclosure to the stock exchange confirming this exemption.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms the company's exemption from corporate governance reporting due to its SME listing status.