Baba Food Processing (India) Limited — Others, 02-01-2025: Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter

Baba Food Processing (India) Limited has clarified that it is exempt from corporate governance provisions under SEBI regulations due to its paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore, as of the last financial year. Consequently, the company is not required to submit the Corporate Governance Report for the quarter ended December 31, 2024. This exemption reflects the company's current scale and operational structure, indicating a positive outlook for management focusing on core business activities without the added compliance burden, which could enhance operational efficiency for shareholders.