Kody Technolab Limited Clarifies Corporate Governance Applicability for June Quarter
Kody Technolab Limited has confirmed that specific corporate governance provisions are not applicable to the company for the quarter ended June 30, 2026. This determination is based on the company's listing status and financial criteria established under prevailing regulatory frameworks.The company maintains its listed status on the NSE SME Exchange. Under the current framework, companies that list their specified securities on an SME Exchange are exempt from certain corporate governance requirements. Specifically, this applies to entities where the Paid up Equity Share Capital does not exceed Rs. 10 Crore and the Net worth does not exceed Rs. 25 Crore as of the last day of the previous financial year.
Due to its listing on the NSE SME Exchange, Kody Technolab Limited is not required to comply with a specific set of corporate governance provisions for the period ending June 30, 2026.
The non-applicability pertains to various regulations and clauses typically required for larger listed entities, including those related to corporate governance structures and oversight. The following table summarizes the criteria for exemption:
| Criteria Category | Threshold / Condition |
|---|---|
| Paid up Equity Share Capital | Not exceeding Rs. 10 Crore |
| Net Worth | Not exceeding Rs. 25 Crore |
| Listing Status | Listed on SME Exchange |
KODYTECH Stock Price Movement
Kody Technolab Limited shares today slipped by 0.81% to settle at ₹1,278.95. The stock traded with a volume of 12,900 shares after finding support near the day's low of ₹1,260.05.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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