Corporate Governance compliance not applicable for SME-listed entity

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BIRDYS · price

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Price reactionminutes from the announcement price · days from the prior close

-5.0%Next day

₹77.00

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Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-6.1% vs market

By the next day the stock moved 6.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Grill Splendour Services (BIRDYS), listed on the SME Exchange, has informed NSE that SEBI Corporate Governance provisions under LODR Regulations are not applicable to it. As an SME-listed entity, the company is exempt and is not required to submit the quarterly Corporate Governance Report for the quarter ended September 30, 2026. The company has stated it will comply within six months if the regulation later becomes applicable to it.

Likely market impact

Routine regulatory filing with no material impact on business or shareholders.