R M Drip and Sprinklers Systems Limited has informed the Exchange about Non-Applicability of Corporate Governance for the Quarter ended 30th June 2025
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The company has told NSE that SEBI LODR Regulation 27 corporate governance compliance does not apply to it for Q1 FY26 (quarter ended 30 June 2025). This is because its paid-up equity capital (Rs. 2,498 lakhs, or about Rs. 24.98 crore) and net worth (Rs. 7,993.25 lakhs, or about Rs. 79.93 crore), as on 31 March 2025, fall below the prescribed thresholds. The company is therefore exempt from filing the quarterly corporate governance report. The intimation was signed by Managing Director Nivrutti Pandurang Kedar on 9 July 2025.
No material impact for shareholders or on the stock price. This is a routine, procedural disclosure confirming the company's exemption from quarterly corporate governance reporting based on its size.