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Bod Science Limited Undergoes Governance Restructuring Amidst Administration

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Bod Science Limited Undergoes Governance Restructuring Amidst Administration

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Bod Australia Ltd ( (AU:BOD) ) has issued an update.

Bod Science Limited has been under the administration of Andrew Barden and Brent Morgan since November 2023, following the execution of a Deed of Company Arrangement with Biortica Agrimed Limited in April 2024. This arrangement has impacted the company’s governance structure, including the powers and duties of its directors. Despite these challenges, the company has maintained compliance with several ASX Corporate Governance Principles, such as having a board charter and a Remuneration and Nomination Committee Charter, although it has not fully developed measurable objectives for gender diversity.

More about Bod Australia Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$4.26M

See more insights into BOD stock on TipRanks’ Stock Analysis page.

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