Wise Travel India Limited — Important, 13-01-2025: Updates

Wise Travel India Limited has submitted an undertaking regarding the non-applicability of corporate governance provisions for the quarter ended 31st December 2024. The company certifies that it does not meet the provisions under Regulations 17 to 27 and certain clauses of Regulation 46, as its paid-up equity share capital does not exceed ₹10 crore and its net worth is under ₹25 crore, qualifying it for exemptions as it is listed on the SME Exchange. The company assures compliance with these requirements if they become applicable in the future. This development could impact investor perception, as it signals the company's current compliance status and operational flexibility within regulatory frameworks.