BSEContil India LtdMinimalNeutral
Announced Fri, 30 May · 20:56 IST

Submission of Non-Applicability of Regulation 23(9) of SEBI (LODR).

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AI summary

Contil India Ltd has informed BSE that Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements (relating to disclosure of related party transactions on a consolidated basis) does not apply to the company for the half year ended 31 March 2025. The exemption is claimed under Regulation 15(2) because the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on 31 March 2025. The company also stated that it has no holding, subsidiary, or associate company, further supporting its claim. This is a routine regulatory submission confirming that the company falls below the thresholds requiring this specific disclosure.

Likely market impact

No material impact on shareholders or stock price. This is a routine compliance filing confirming the company is exempt from a specific disclosure requirement due to its small size. It does not indicate any change in business performance, financials, or corporate structure.