Non-Applicability of Disclosure of Related Party Transaction as on 30/09/2025
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Awaiting price reaction for this filing.
Avax Apparels and Ornaments has informed BSE that it is not required to submit the half-yearly Related Party Transactions disclosure under Regulation 23(9) of SEBI LODR for the period ended September 30, 2025. This is because the company is listed on the SME Exchange and its paid-up equity share capital is below Rs. 10 crore and net worth is below Rs. 25 crore, falling under the exemption threshold. Under a SEBI proviso effective April 1, 2025, Regulation 23(9) only applies to SME-listed companies that cross either of these size limits.
This is a routine regulatory clarification and is not material to the stock price. Investors should note that RPT disclosures will only be required once the company crosses the Rs. 10 crore paid-up capital or Rs. 25 crore net worth threshold, signalling it remains a small-cap entity as of now.