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.
Chandra Bhagat Pharma Ltd has informed BSE that it is not required to submit a Corporate Governance Report for the quarter ended 31 March 2025. The company is listed on the SME Exchange, and under SEBI's Listing Regulations (Regulation 15), entities listed on SME platforms are exempted from corporate governance compliance requirements. The exemption covers specific regulations relating to board composition, board committees, related party transactions, and other governance provisions. The letter is signed by Rajni Dawani, Company Secretary & Compliance Officer, dated 21 April 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock. It simply confirms the company's SME-listed status exempts it from filing a detailed corporate governance report.