Defrail Technologies declares non-applicability of Reg 23(9) for H2 FY26
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Defrail Technologies, listed on the BSE SME platform, has declared that SEBI Regulation 23(9) is not applicable for the half year ended 30 September 2026. The company states it meets the exemption criteria under Regulation 15(2), with paid-up equity capital below Rs 10 crore and net worth below Rs 25 crore as on 31 March 2026. Reg 23(9) deals with half-yearly disclosure of related party transactions, which SME-listed companies of this size are exempt from.
Routine compliance filing with no material business or price impact. Related party disclosure exemption due to SME listing and small size.