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Jainco Projects India Ltd has informed BSE that it qualifies for exemption from corporate governance norms under Regulation 15(2) of SEBI LODR Regulations, 2015, for the quarter ended 30 June 2025. The company states its paid-up equity share capital is Rs. 10.00 crore and net worth is Rs. 10.66 crore as per audited financials for FY25, both falling below the threshold limits of Rs. 10 crore and Rs. 25 crore respectively. Consequently, regulations covering board composition, audit committee, nomination & remuneration committee, related party transactions, vigil mechanism, and other governance requirements do not apply to the company. The declaration was signed by Managing Director Sumit Bhansali on 14 July 2025.
This is a routine regulatory disclosure with no material impact on shareholders or stock price. It confirms that the company is a small-cap entity exempt from certain corporate governance compliance burdens, but does not signal any change in business fundamentals or performance.