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Phantom Digital Effects Limited has announced a board meeting to discuss the non-applicability of specific corporate governance regulations for the quarter ended 31st March 2025. Due to its listing on the SME platform of NSE Emerge, the company is exempt from compliance with several governance provisions under SEBI regulations. This could streamline operational processes and reduce compliance burdens. For investors, this development may present a neutral impact, as it highlights the company’s focus on aligning with applicable standards while navigating regulatory frameworks effectively.