Ecoline Exim Limited Confirms Non-Applicability of SEBI Listing Compliance Regulation
Ecoline Exim Limited has confirmed that its securities, listed on the SME Exchange, are exempt from certain reporting requirements stipulated under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2018.The company noted that compliance with specific corporate governance provisions, including those covered by Regulation 24A, is not applicable to listed entities that have their specified securities listed on the SME Exchange.
Consequently, Ecoline Exim Limited stated that it is not required to submit the Annual Secretarial Compliance Report mandated under the regulations. The company maintained that it will continue to comply with all other applicable listing compliance requirements.
ECOLINE Stock Price Movement
Today, Ecoline Exim Limited shares edged higher, closing at ₹161.55 after rallying 6.72%. The stock saw robust trading today, with 146,000 shares exchanged, helping the price touch its 52-week high of ₹164.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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