
Corporate Governance28 Apr 2026, 11:59 am
Shipwaves Online Exempt from Corporate Governance Provisions
AI Summary
Shipwaves Online Limited has announced its exemption from certain corporate governance provisions as per Regulation 15(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. This exemption applies because the company is listed on the BSE SME Exchange. The regulation specifies that compliance with various corporate governance provisions (Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A, 27, and specific clauses of Regulation 46 and Schedule V) is not applicable to entities listed on an SME Exchange. Consequently, Shipwaves Online Limited is not required to submit a Corporate Governance Report for the quarter ended March 31, 2026.
Key Highlights
- Shipwaves Online is exempt from specific SEBI corporate governance norms.
- Exemption is due to its listing on the BSE SME Exchange.
- Company not required to submit Corporate Governance Report for Q4 FY26.
- Regulation 15(2) provides relief for SME-listed entities.
Price Impact
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