Ushanti Colour Chem Limited — Important, 17-01-2025: Updates

Ushanti Colour Chem Limited has provided a certificate confirming that it is exempt from compliance with specific Corporate Governance provisions under SEBI regulations for the quarter ended December 31, 2024. As the company is exclusively listed on the SME platform of the National Stock Exchange and meets the criteria of having a paid-up equity share capital not exceeding ₹10 crore and a net worth not exceeding ₹25 crore, the requirement to submit a Corporate Governance Report is not applicable. The company will continue to adhere to all other applicable listing requirements. This regulatory relief may allow Ushanti Colour Chem to allocate resources effectively while maintaining compliance with other obligations. Investors might view this as a positive sign of operational efficiency.