Solvex Edibles Limited has submitted a clarification letter to the Listing Compliance Department of BSE Limited regarding an erroneous Corporate Governance Report filing. The company, listed on the SME Platform of BSE Limited (Scrip Code: 544539), disclosed that due to an inadvertent oversight error, it incorrectly selected "Yes" for Corporate Governance applicability while submitting the XBRL utility for the quarter ended March 31, 2026.
The company clarified that as per Regulation 15(2)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, compliance with corporate governance provisions specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 24, 24A, 25, 26, 26A, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of Regulation 46 and para C, D, and E of Schedule V is not applicable to companies listed on the SME Exchange.
To rectify this error, the company has already filed a Revised XBRL filing along with a Non-Applicability Certificate for the quarter ended March 31, 2026 on July 20, 2026. The disclosure was made under Regulation 27(2) of the SEBI (LODR) Regulations, 2015. The company has requested BSE to take this clarification and the revised submission on record and update their records accordingly.
The letter was digitally signed by Swati Vaish, Company Secretary of Solvex Edibles Limited, on July 21, 2026 at 14:27:47 IST.
Financial Impact
No financial impact disclosed. The matter pertains to regulatory compliance and filing correction.