Non-Applicability of Corporate Governance Report as per Reg. 27(2) of SEBI (LODR) Regulations, 2015
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TGIF Agribusiness Ltd has informed BSE that the Corporate Governance Report requirement under Regulation 27(2) of SEBI's Listing Obligations and Disclosure Requirements does not apply to the company. This exemption applies because the company's equity shares are listed on the SME Platform of BSE, which qualifies it under Regulation 15(2)(b) for relaxed compliance norms. As a result, the company is not required to submit the Corporate Governance Report for the financial year ended 31st March 2025. The letter was signed by Sapan Dalal, Company Secretary & Compliance Officer, and filed on 25th April 2025.
This is a routine compliance filing with no impact on shareholders or stock price. It simply confirms the company's SME exchange status, meaning it benefits from reduced regulatory compliance requirements compared to companies listed on the main board.