Ken Enterprises Limited, formerly known as Ken Enterprises Pvt Ltd, has notified the National Stock Exchange (NSE) that it is exempt from submitting the Corporate Governance Report for the quarter and year ended March 31, 2025. This exemption is in accordance with Regulation 15 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which outlines specific criteria for non-applicability of corporate governance provisions for certain companies.

SEBI Exemption Criteria for Corporate Governance
According to Regulation 15 of SEBI (LODR) Regulations, 2015, compliance with certain corporate governance provisions (including those under Regulation 17 to 27) is not required for companies that meet either of the following conditions:

1. The company has a paid-up equity share capital not exceeding ₹10 crore.

2. The company has a net worth not exceeding ₹25 crore, as of the last day of the previous financial year.

Additionally, companies listed on the SME Exchange are also exempt from these corporate governance provisions. Ken Enterprises Limited, which listed its specified securities on the NSE Emerge platform, falls under these exemptions.

Non-Applicability of Corporate Governance Provisions
As Ken Enterprises Limited qualifies for the exemption based on its listing on the SME Exchange (NSE Emerge platform), it is not required to submit the Corporate Governance Report for the quarter and year ended March 31, 2025. This is in line with SEBI's relaxation of corporate governance obligations for smaller companies listed on the SME Exchange.

The company also clarified that, in the future, should the regulation become applicable, it will comply with the provisions within six months from the date the regulations apply to the company.

Conclusion
Ken Enterprises Limited has complied with SEBI’s requirements and is not obligated to submit a Corporate Governance Report for the specified period. This regulatory exemption allows the company to operate within the simplified framework for entities listed on SME exchanges. However, the company remains committed to adhering to all relevant regulations when applicable in the future.

The company also reaffirms its commitment to full regulatory compliance once it becomes eligible for the corporate governance provisions, ensuring transparency and accountability in all future disclosures.

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

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.