
Indobell Insulations Exempt from SEBI Reg 27 Corporate Governance
Indobell Insulations Ltd announced the non-applicability of Regulation 27 of SEBI (LODR) Regulations, 2015, concerning corporate governance provisions. As an entity listed on the SME Exchange, the company is exempt under Regulation 15(2) of SEBI (LODR), 2015. This exemption applies to various corporate governance requirements, including regulations 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, and specific clauses of regulation 46 and Schedule V. The company confirmed this status for FY 2026-2027 and submitted a certificate from its Statutory Auditors, Bandyopadhyay & Dutt, detailing its Paid-up Equity Share Capital and Net Worth for the past three financial years (FY 2022-23, FY 2023-24, FY 2024-25), which remained at ₹0.68 Crores and ₹4.73 Crores respectively.
Key Highlights
- Indobell Insulations is exempt from SEBI Regulation 27.
- Exemption is due to its listing on the SME Exchange.
- Corporate governance provisions are not applicable for FY 2026-2027.
- Auditor certified consistent paid-up capital and net worth.