GP Eco Solutions India Limited Declares Non-Applicability of Certain Corporate Governance Regulations
GP Eco Solutions India Limited, which previously operated under the name GP Eco Solutions India Private Limited, has declared that several corporate governance regulations are not applicable to the company for the quarter ended March 31, 2026.The declaration addresses compliance with provisions outlined in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Specifically, the company noted that compliance with corporate governance provisions detailed across multiple regulations and schedules is not applicable to certain listed entities.
The applicability criteria cited for the exemption include:
- Listed entities with paid up equity share capital not exceeding Rs. 10 Crore and Net Worth not exceeding Rs. 25 Crore as of the last day of the previous financial year.
- Listed entities that have listed their specified securities on the SME Exchange.
The company confirmed that these conditions apply to GP Eco Solutions India Limited, as it is listed on the SME Exchange. This status makes the prescribed corporate governance compliances not applicable to the company for the period.
GPECO Stock Price Movement
Today, GP Eco Solutions India Limited shares edged higher to close at ₹388.45, marking a gain of 7.85%. The stock settled at this level amid a trading volume of 30,000 shares.Source:
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