ALPHA TRIBE

Kody Technolab LimitedImportant, 20-01-2025: Updates

20-01-2025 | 06:50 pm

Kody Technolab Limited has clarified that it is not subject to the corporate governance provisions outlined in several regulations due to its status as a company with paid-up equity share capital not exceeding ₹10 Cr and a net worth not exceeding ₹25 Cr, as of the end of the previous financial year. This applies to companies listed on the SME Exchange. Consequently, these provisions are not applicable to Kody Technolab for the quarter ended December 31, 2024. This update indicates a streamlined compliance framework for the company, potentially allowing for more operational flexibility. Shareholders should note this status as it may impact the governance landscape and the company's operational focus moving forward.

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