Smiths & Founders (India) Limited - DISCLOSURE OF INFORMATION, UNDER REG.30 , OF SEBI(LODR)2015, ABOUT NON-APPLICABILITY OF CORPORATE GOVERNANCE PROVISIONS

We had communicated to you vide our letter dated 09.07.2019, our decision to avail exemption under various regulations, relating to corporate governance, prescribed under Regulation 15(2) of SEBI (LODR) 2015, for the financial year 2019-20 and the same was uploaded on the Exchanges web site.

We had uploaded the Corporate Governance Report of our Company, for quarter ended 30.06.2019, on 12.07.2019,on the Exchanges web site,more as a measure of PRUDENCE & ABUNDANT CAUTION, though the provisions of Corporate Governance are not applicable to our Company, as the net worth is way below the prescribed limit, for applicability of corporate governance clauses,as per Regulation 15(2)(a) of SEBI (LODR)2015.

Please take the above on record and confirm.

Pdf Link: Smiths & Founders (India) Limited - DISCLOSURE OF INFORMATION, UNDER REG.30 , OF SEBI(LODR)2015, ABOUT NON-APPLICABILITY OF CORPORATE GOVERNANCE PROVISIONS

Source : BSE - www.bseindia.com

Published on July 13, 2019

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