Non-Applicability of Corporate Governance Provisions of SEBI (LODR) Regulations, 2015
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Naapbooks Ltd has informed BSE that corporate governance provisions under SEBI (LODR) Regulations, 2015 do not apply to the company for the financial year ending March 31, 2025. The exemption is due to the company being listed on the BSE Startup Segment on the SME Platform, as per Regulation 15(2). This means the company is not required to comply with various corporate governance requirements such as those related to board composition, audit committees, and related party transactions. This is a routine regulatory disclosure and not a new policy change.
No impact on shareholders or stock price. This is a standard informational filing confirming the company's SME platform status and its exemption from certain corporate governance norms.