Phoenix Overseas Limited — Others, 09-01-2025: Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter

Phoenix Overseas Limited has communicated that it is exempt from certain Corporate Governance provisions for the quarter ending December 31, 2024, following Regulation 15(2)(b) of SEBI guidelines. The company meets the criteria for non-applicability as its specified securities are listed on the SME Emerge Platform of the National Stock Exchange of India. As a result, Phoenix Overseas will not submit the required quarterly compliance report on corporate governance for this period but will continue to adhere to applicable listing requirements. This clarification may lead to a neutral impact on investor sentiment by alleviating compliance burdens while ensuring ongoing compliance with necessary listing norms.