Indian Phosphate Limited announced that certain corporate governance provisions are not applicable to the company for the quarter ended June 30, 2026. This is due to its listing on the SME Exchange.

These provisions also typically do not apply to listed entities with paid-up equity share capital not exceeding 10 Cr rupees and net worth not exceeding 25 Cr rupees.

This means the company operates under a distinct, less extensive governance framework tailored for SME-listed companies.