Gujarat Raffia Industries Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q_ FY 20__-__
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Gujarat Raffia Industries Limited has informed stock exchanges that filing the quarterly Corporate Governance Report for the quarter ended 31st March 2026 is not applicable to the company. This exemption is available under Regulation 15(2)(a) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, which exempts companies whose paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore. The company qualifies for this exemption based on its financial position as on the last day of the previous financial year (FY 2024-25). The company has also committed to comply with the regulation whenever it becomes applicable in the future. The communication is signed by Managing Director Mr. Pradeep Kumar Bhutoria.
This is a routine compliance communication with no material impact on shareholders or stock price. It simply confirms that the company is a small-cap entity (paid-up capital under Rs. 10 crore and net worth under Rs. 25 crore) and is therefore exempt from filing quarterly corporate governance reports. Investors should note the company remains listed on NSE, BSE, and CSE.