In an important development for Techera Engineering (India) Limited, the company has announced that it is not required to submit the Corporate Governance Report for the quarter ended December 31, 2024, as per Regulation 27(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This announcement aligns with the guidelines outlined in Regulation 15(2) of SEBI’s listing regulations for companies listed on the SME Exchange.

Exemption Based on SME Exchange Listing
As clarified by Techera Engineering, the company’s specified securities are listed on the SME Exchange, which exempts it from complying with the provisions of Corporate Governance as specified in several regulations, including Regulations 17 through 27 of SEBI’s Listing Regulations. According to SEBI’s regulations, companies listed on the SME Exchange are not required to adhere to the comprehensive corporate governance norms, particularly those related to Regulation 27(2), which mandates quarterly compliance reports.

This exemption allows Techera Engineering to avoid the obligation of submitting the usual quarterly Corporate Governance Report. The company has confirmed that this decision is in accordance with the regulatory framework provided by SEBI and the nature of its listing on the SME Exchange.

Techera Engineering's Position
By opting for this exemption, Techera Engineering has effectively ensured that it meets its regulatory requirements while simultaneously maintaining focus on its operational priorities. The company’s compliance with the SEBI Listing Regulations has been streamlined, aligning with its listing on the SME Exchange and the applicable guidelines for such entities.

About Techera Engineering (India) Limited
Techera Engineering is a dynamic player in the engineering sector, known for its focus on innovative solutions and strong market presence. As a company listed on the SME Exchange, Techera has established itself as a prominent entity, demonstrating its commitment to growth, sustainability, and regulatory compliance in a fast-evolving industry.

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