Globesecure Technologies exempt from SEBI corporate governance report for Q1 FY26
NOOR MOHMMED
18/Jul/2025
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Globesecure Technologies files non-applicability statement under SEBI Regulation 27(2)(a) for Q1 FY26.
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Company claims exemption based on SME Exchange listing under SEBI Regulation 15(2).
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No corporate governance report required for quarter ended June 30, 2025, per NSE filing.
Mumbai, July 18, 2025 – Globesecure Technologies Limited has officially informed the National Stock Exchange of India Limited (NSE) that it is not required to submit a corporate governance compliance report for the quarter ended June 30, 2025, as per Regulation 27(2)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This exemption has been claimed under Regulation 15(2) of the same SEBI framework, which allows companies listed on the SME Exchange to forgo certain compliance requirements, including the submission of quarterly corporate governance reports.
Exemption Based on SME Listing
In the official letter dated July 18, 2025, Managing Director Ragavan Rajkumar (DIN: 02002480) clarified that since Globesecure Technologies' securities are listed on the SME Exchange, the company is not obligated to comply with Regulation 27(2)(a) concerning corporate governance reporting.
As per Regulation 15(2) of SEBI (LODR), 2015:
"The compliance with the corporate governance provisions... shall not apply in respect of listed entities having paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore, or whose specified securities are listed on SME Exchange."
This regulatory clause is intended to reduce compliance burden on smaller listed entities.
NSE Filing for Record Purpose
The company submitted its official communication to the Listing Department of NSE, with a reference to its symbol GSTL, ensuring the exemption is on record for the quarter ending June 30, 2025.
Globesecure has requested NSE to take note of the non-applicability declaration and update its records accordingly.
About Globesecure Technologies Limited
Globesecure Technologies Limited is an SME-listed IT and cybersecurity services provider based in India, known for offering digital risk protection, enterprise security architecture, and managed IT infrastructure. The company focuses on compliance-driven business services and caters to sectors such as BFSI, healthcare, and manufacturing.
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