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Awaiting price reaction for this filing.
Vruddhi Engineering Works Ltd (formerly Vruddhi Steel Limited, scrip code 544157) informed BSE that the Corporate Governance Report, Related Party Transaction disclosures, and Secretarial Compliance Report are not applicable to the company. This exemption is based on SEBI LODR Regulation 15, which exempts companies listed on the SME Exchange from these specific compliance provisions. The company clarified that since it is listed on the SME platform, these reporting requirements do not apply. The letter was signed by Whole-time Director Varsha Mukesh Mehta on 18 April 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock. It simply confirms the company's SME-listed status and its exemption from certain corporate governance reporting obligations that apply to larger listed entities.