Dear Sirs, As per Regulation 15(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, the compliance with the corporate governance provisions as specified in ....
Awaiting price reaction for this filing.
Linaks Microelectronics Ltd has submitted a filing to BSE referencing Regulation 15(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. This regulation deals with the applicability of corporate governance provisions for listed companies. Companies whose paid-up equity share capital does not exceed Rs 10 crore and whose net worth does not exceed Rs 25 crore are generally exempted from certain corporate governance compliance requirements. The filing likely confirms the company's compliance status or non-applicability based on its capital and net worth thresholds. The full details of the disclosure were not visible in the provided excerpt.
This is a routine regulatory filing with no direct material impact on shareholders or stock price. It pertains to corporate governance compliance status, which is a standard disclosure obligation. Investors should review the complete filing for specific details on the company's claim of exemption or compliance.