We would like to inform you that pursuant to Regulation 15(2) of SEBI (LODR) Regulations, 2015, the compliance with the corporate governance provisions as specified in Regulations 17, 18, ....
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Covidh Technologies has informed BSE that it qualifies for an exemption from several corporate governance provisions under SEBI's Listing Regulations. The exemption applies because the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore, as on 31 March 2025. As a result, the company is not required to comply with Regulations 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27 and certain clauses of Regulation 46 and Schedule V of the SEBI LODR Regulations, 2015.
This is a routine regulatory disclosure confirming that the company is too small to be subject to certain corporate governance rules. It has no direct impact on shareholders or the stock price, but it does highlight that Covidh Technologies is a very small company with limited capital and net worth.