Listing Status Confirmed: Felix Industries Declares Non-Applicability of Certain Corporate Governance Rules

Listing Status Confirmed: Felix Industries Declares Non-Applicability of Certain Corporate Governance Rules

Listing Status Confirmed: Felix Industries Declares Non-Applicability of Certain Corporate Governance Rules​

Felix Industries Limited has confirmed that specific Corporate Governance Provisions are not applicable to the company, citing its listing status on the SME Platform of the National Stock Exchange of India.

The declaration clarifies that as a listed entity on NSE EMERGE, certain regulatory requirements related to corporate governance do not apply to Felix Industries Limited. This confirmation pertains specifically to the provisions outlined in SEBI regulations for entities listed on the SME platform.

The company’s listing on the SME Platform of the National Stock Exchange (NSE) serves as the basis for this declaration regarding the scope of Corporate Governance applicability. The statement reaffirms that due to its positioning within the designated SME market, the company is exempt from certain governance mandates specified by SEBI.

FELIX Stock Price Movement​

Shares of Felix Industries Limited today shed 0.67% of their value, closing the trading session at ₹183.95. The equity saw movement on 21,500 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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top