Osel Devices Limited — Results, 24-01-2025: Integrated Filing- Governance

Osel Devices Limited has announced a board meeting regarding the non-applicability of certain corporate governance provisions under SEBI regulations, due to its paid-up equity share capital being below ₹10 crore and net worth not exceeding ₹25 crore as of the last financial year. This exemption, which applies to companies listed on the SME Exchange, means that Osel Devices is not required to comply with various corporate governance norms for the quarter ended December 31, 2024. This update may contribute to a neutral impact on investor sentiment, reducing burdensome compliance costs while emphasizing the company's operational flexibility.