Non applicability of Related Party Transactions Disclosure
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Awaiting price reaction for this filing.
Adinath Textiles Ltd (part of Shreyans Group, Ludhiana) has informed BSE that it is exempt from filing Related Party Transaction disclosures under Regulation 23(9) of SEBI (LODR) Regulations, 2015. The exemption applies under Regulation 15(2), which is available to listed entities with paid-up equity capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore. As per the audited financials for 31 March 2025, the company's paid-up equity share capital stands at Rs. 681.44 lakh (~Rs. 6.81 crore) on 58,14,350 shares of Rs. 10 each, and net worth is Rs. 297.77 lakh (~Rs. 2.98 crore). Both figures fall well below the threshold limits, making the related party transaction reporting requirement inapplicable for the half year ended 31 March 2025. A certificate from practicing company secretary P.S. Bathla & Associates confirming these figures has also been submitted.
This is a procedural filing with no direct impact on shareholders or stock price — it simply confirms the company qualifies as a small-cap entity exempt from one specific disclosure norm. Investors should note the company's small balance sheet size (net worth under Rs. 3 crore), which suggests limited scale and may explain why it falls below SEBI's compliance thresholds.