Pursuant to Regulation 15(2) & 23(9) of SEBI (LODR) Regulations, 2015 we hereby submit the non-applicability for filing of Related Party Transactions.
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Cargosol Logistics Ltd has informed BSE that the disclosure requirement for related party transactions under Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015 does not apply to the company. The exemption is claimed under Regulation 15(2), which exempts companies listed on the SME Exchange from these corporate governance provisions. The company falls under Clause (b) of Regulation 15(2) since it is listed on the SME Exchange. As a result, Cargosol Logistics is not required to file half-yearly statements of related party transactions with the stock exchange. The letter is signed by Managing Director Roshan Kishanchand Rohira and dated 22 May 2025.
This is a routine regulatory clarification and has no material impact on shareholders or stock price. It simply confirms that Cargosol Logistics, being an SME-listed entity, is exempt from a specific disclosure requirement — investors should note that related party transaction details will not be publicly disclosed under this regulation.