ImportantCompany Update
STARSOURCE MULTITRADE LIMITED (formerly Chemo Pharm Laboratories Limited) has confirmed it is exempt from certain corporate governance requirements.
Chemo Pharma Laboratories Ltd506365 · Filed with the exchange
This is because its paid-up equity capital is ₹1.5 Cr and net worth was ₹13.14 Cr as of the last financial year, both falling below the regulatory thresholds of ₹10 Cr and ₹25 Cr, respectively.
As a result, the company is not required to submit a Corporate Governance Report.
This highlights the company's status as a smaller listed entity, implying a lighter compliance burden for shareholders to consider.
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