Osel Devices Limited — Others, 10-01-2025: Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter

Osel Devices Limited has announced a board meeting to address the non-applicability of corporate governance provisions under SEBI regulations due to its status as a company with paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore. As it has listed its securities on the NSE EMERGE, these provisions do not apply for the quarter ended December 31, 2024. This update may provide operational flexibility, reducing compliance costs. Investors might view this positively as it suggests a streamlined governance structure that could enhance operational efficiency.