Company Update

LWS Knitwear has confirmed it qualifies for exemption from certain corporate governance norms for the financial year due to a paid-up equity capital of Rs. 5.06 Cr and net worth of Rs. 12.18 Cr, both below the specified thresholds.

This means it is not required to comply with various governance regulations, which could reduce its compliance burden and related costs.

This status reflects the company’s relatively smaller scale and impacts reporting and oversight requirements for shareholders.