Osel Devices Limited — Others, 08-04-2025: Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter

Osel Devices Limited has announced a board meeting to discuss the non-applicability of corporate governance provisions under SEBI regulations, as the company meets the criteria of having a paid-up equity share capital of less than ₹10 crore and a net worth below ₹25 crore. Since it is listed on the NSE EMERGE, these governance provisions will not apply for the quarter ended March 31, 2025. This development may ease operational oversight, potentially reducing compliance burdens. While this creates a more flexible operational environment, investors should consider that it might raise concerns over governance standards.