Disclosure on Non-applicability of Regulation 23(9) of SEBI(LODR)2015 for the half year ended 31.03.25
Awaiting price reaction for this filing.
Auto Pins (India) Ltd has informed BSE that Regulation 23(9) of SEBI LODR, which requires disclosure of related party transactions, does not apply to the company for the half year ended March 31, 2025. The exemption is based on Regulation 15(2) because the company's paid-up share capital of Rs. 570.71 Lakhs and net worth of Rs. 824.28 Lakhs (as on March 31, 2024) fall below the thresholds of Rs. 10 Crores and Rs. 25 Crores respectively. As a result, the company is not required to file related party transaction disclosures with the exchange.
This is a routine compliance clarification with no material impact on shareholders or stock price. It simply confirms the company qualifies for exemption from related party transaction reporting due to its small market capitalisation and net worth.