Cargotrans Maritime Limited has informed BSE that it is not required to comply with specific corporate governance provisions outlined in Regulation 27 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption applies because the company’s shares are listed on the BSE SME Exchange, as per Regulation 15(2) of the aforementioned SEBI regulations. Consequently, the company will not submit a corporate governance report for the period ending September 30, 2026.
Exemption from Corporate Governance Provisions
Cargotrans Maritime Limited has officially communicated its non-applicability to certain corporate governance mandates. In a notification dated October 22, 2026, the company stated that as per Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specific compliance requirements do not apply to entities listed on the SME Exchange. These provisions include regulations 17 to 27 and certain clauses related to sub-regulation (2) of regulation 46, as well as paragraphs C, D, and E of Schedule V.
SME Listing Status
The company clarified that its listing on the BSE SME platform grants it this exemption. Therefore, Cargotrans Maritime Limited is not obligated to submit its corporate governance report for the financial period that concluded on September 30, 2026. This disclosure ensures transparency regarding the company’s regulatory compliance status on the SME Exchange.
Source: BSE