Marc Loire Fashions Limited has informed the exchange that in terms of Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the requirement ....
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Marc Loire Fashions Limited has informed BSE that certain corporate governance regulations under SEBI LODR do not apply to the company as it is listed on the BSE SME Platform. The exemptions apply to Regulations 17, 17A, 18, 19, 20, 21, 22, 24, 24A, 25, 26, 27, and parts of Regulation 46. However, Regulation 23 (relating to related party transactions) continues to apply because the company's paid-up share capital exceeds INR 10 Crores. The company is also exempt from submitting the Annual Secretarial Compliance Report under Regulation 24A for FY 2025-26.
This is a routine compliance filing clarifying regulatory exemptions available to SME-listed companies. No immediate impact on shareholders or stock price, but investors should note that the company operates with fewer governance requirements compared to main board listed companies, except for related party transaction rules.