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Forcas Studio LimitedOthers, 08-01-2025: Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter

08-01-2025 | 01:48 pm

Forcas Studio has announced a board meeting to discuss the non-applicability of certain corporate governance provisions as per SEBI regulations. The company qualifies for exemption due to a paid-up equity share capital not exceeding ₹10 crore and a net worth below ₹25 crore as of the last financial year. Consequently, these provisions will not apply for the quarter ended December 31, 2024.

This update may positively influence investor sentiment, as it indicates reduced compliance burdens, allowing management to focus on operational efficiency rather than regulatory complexities.

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