In reference to Regulation 23 (9) of SEBI (LODR) Regulation, 2015, wherein a Company is required to submit to the stock exchange a disclosure of related party transactions on a standalone ....
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Awaiting price reaction for this filing.
Crimson Metal Engineering Company has informed BSE that Regulation 23(9) of SEBI (LODR), 2015 — which normally requires listed companies to disclose related party transactions every six months — does not apply to it for the half year ended September 30, 2025. The company is claiming exemption under Regulation 15(2) because its paid-up capital stood at Rs. 4.43 crore and net worth at Rs. 5.60 crore as of March 31, 2025, both falling below the prescribed threshold. The company has further committed that it will comply with the disclosure requirements within six months from the date the regulation becomes applicable to it, if its size crosses the limit in the future.
This is a routine regulatory compliance filing with no direct impact on shareholders or stock price. It simply confirms that the company is too small to fall under the related party transaction disclosure rules, signaling it is a small-cap entity with limited scale of operations.