Boss Packaging Solutions Limited has officially declared that it is not required to submit the Corporate Governance Report for the quarter ending March 31, 2025. The company, which is listed on the SME platform of the National Stock Exchange (NSE), has cited SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as the basis for this exemption.

Regulatory Framework and Exemption Details

According to Regulation 15(2) of SEBI (LODR) Regulations, 2015, the compliance requirements outlined in Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and specific clauses under Regulation 46 and Schedule V do not apply to companies listed on the SME Exchange.

As Boss Packaging Solutions Limited is listed on the SME platform of NSE, it is exempt from these governance-related regulatory requirements. In particular, Regulation 27(2), which mandates the submission of the Corporate Governance Report, is not applicable to the company.

Official Declaration to NSE

The company has formally communicated this exemption to the National Stock Exchange (NSE) by submitting an official intimation on April 2, 2025. This ensures compliance with listing norms while maintaining transparency with regulatory authorities and stakeholders.

Understanding SEBI’s SME Exemption Criteria

The Securities and Exchange Board of India (SEBI) provides certain relaxations to SME-listed companies in terms of corporate governance compliance. These exemptions recognize the operational scale and regulatory burdens faced by smaller enterprises. As per SEBI guidelines, listed entities on mainboard exchanges are subject to stricter corporate governance norms, whereas SME-listed companies are granted specific relaxations to encourage growth and market participation without excessive compliance obligations.

Impact of the Exemption on Boss Packaging Solutions

• Regulatory Relief: The exemption reduces compliance burdens, allowing the company to focus on business operations and growth.

• Cost Efficiency: Avoiding unnecessary reporting obligations helps save administrative costs and resources.

• Investor Awareness: Despite the exemption, the company remains committed to transparent financial reporting and governance practices.

Commitment to Compliance and Future Reporting

While Boss Packaging Solutions Limited is not required to submit the Corporate Governance Report, the company remains committed to complying with all applicable SEBI and NSE SME platform regulations. The company will continue to provide timely disclosures regarding financial performance, operational updates, and material developments as per regulatory requirements.

Conclusion

Boss Packaging Solutions Limited has formally declared its exemption from submitting the Corporate Governance Report under SEBI LODR Regulations due to its SME listing on NSE. This exemption is in line with SEBI’s regulatory framework, which provides relief for SME-listed companies from certain governance-related compliance requirements. The company has reassured stakeholders of its commitment to transparency and compliance while leveraging its SME listing status for operational efficiency.

The Current active IPO are Infonative Solutions Limited,Spinaroo Commercial Limited,Retaggio Industries Limited.

The Closed IPOs are  Identixweb Limited, ATC Energies System Limited, Shri Ahimsa Naturals Limited.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in .Choice Broking FinX