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Awaiting price reaction for this filing.
Continental Chemicals Ltd has informed BSE that it is not required to file related party transaction disclosures for the quarter ending March 31, 2025. The company's paid-up share capital stands at Rs. 2.25 crore (22,49,000 equity shares of Rs. 10 each), which is below SEBI's Rs. 10 crore threshold. Its net worth as on March 31, 2025 is approximately Rs. 5.03 crore, also below the Rs. 25 crore threshold. Based on these two parameters, the company qualifies for an exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The filing is a routine compliance submission confirming the company falls in the small-cap category for these specific norms.
This is a routine compliance submission and has no direct impact on shareholders or the stock price. It simply confirms the company's small-cap status under SEBI thresholds, exempting it from related party transaction disclosure requirements for the quarter.