Kalana Ispat Limited confirms non-applicability of Corporate Governance provisions due to SME listing status
Kalana Ispat Limited has stated that corporate governance compliance requirements do not apply to the company in relation to its listed securities, which are traded on the Emerge Platform (SME) of National Stock Exchange of India Limited.The company reported that because it lists its specified securities on the SME platform of the National Stock Exchange of India Limited, certain Corporate Governance provisions detailed under Regulation 27 and related regulations are exempt from application.
As a result of this status, Kalana Ispat Limited is not required to submit the Corporate Governance Report for the quarter ending June 30, 2026.
Kalana Ispat Limited also affirmed that should these regulations become applicable to the company at a later date, the management commits to complying with the requirements within six months from the date the provision becomes applicable.
KALANA Stock Price Movement
Kalana Ispat Limited shares settled today at ₹18.50, logging a 0.00% movement in the market. The stock traded on a relatively low volume of 4,000 shares during the session.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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