Kotyark Industries Limited has informed regarding Submission of Certificate issued by PCS for Non-Applicability of Regulation 27(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to the Company for FY 2025-26.
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Kotyark Industries Limited has filed a certificate from a Practicing Company Secretary (PCS) confirming that Regulation 27(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 does not apply to the company for financial year 2025-26. Regulation 27(2) deals with corporate governance compliance requirements, which are typically mandatory for listed companies but exempt smaller companies that fall below certain paid-up capital and net worth thresholds. This filing indicates the company qualifies as a 'small company' under SEBI norms and is not required to comply with the detailed corporate governance provisions for FY 2025-26.
This is a routine regulatory compliance filing with no material impact on the stock price or shareholders. It simply confirms the company's small-cap status and its exemption from certain corporate governance requirements.