Inter State Oil Carrier Ltd — Updates, 24-05-2025: Company Update

Inter State Oil Carrier Limited has clarified that due to its paid-up equity share capital of Rs. 4.99 Cr and net worth of Rs. 19.31 Cr, it falls below the thresholds requiring compliance with certain corporate governance provisions, including related party transaction disclosures under SEBI regulations. This exemption reduces compliance burdens, which may improve operational focus and cost efficiency, benefiting shareholders by streamlining governance requirements for the company’s size and financial standing.