Surani Steel Tubes Limited has issued a certificate stating that it is exempt from submitting the Corporate Governance Report for the quarter and financial year ended March 31, 2025. This exemption comes under Regulation 27(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (SEBI LODR) Regulations, 2015, and Clause 15(2)(b) of Chapter IV of the same regulations.

Exemption under SEBI (LODR) Regulations
According to SEBI’s provisions, certain companies listed on the SME (Small and Medium Enterprises) platform are exempt from submitting the Corporate Governance Report. Surani Steel Tubes Limited, which listed its specified securities on the SME platform of the National Stock Exchange (NSE), qualifies for this exemption. As such, the company is not required to comply with the corporate governance reporting obligations for the fiscal year 2025, as stipulated under Regulation 27(2) of SEBI (LODR).

Key Exemption Criteria
This exemption applies specifically to companies listed on the SME platform of the NSE, in line with SEBI’s relaxation of corporate governance requirements for smaller companies. These companies are not required to adhere to the full set of corporate governance regulations designed for larger, more complex entities listed on the mainboard of the exchange.

Conclusion
Surani Steel Tubes Limited is not obliged to submit a Corporate Governance Report for FY2025, in compliance with the SEBI regulations for companies listed on the SME platform. The company has confirmed its adherence to this exemption and has clarified that it will follow all necessary regulatory requirements once the provisions become applicable at a later date.

This certification further underscores the company’s commitment to compliance with SEBI’s regulations and ensures transparency in its operations within the framework provided for companies listed on the SME platform.

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