Please find enclosed herewith statement for non applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015 for the year ended 31st March 2026
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Elango Industries has informed BSE that it is exempt from Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements Regulations. This regulation normally requires listed companies to disclose related party transactions. The company qualifies for exemption under Regulation 15(2) because its paid-up equity share capital does not exceed Rs 10 crore and its net worth does not exceed Rs 25 crore. This is a routine compliance filing confirming the company's small size-based exemption status. The exemption also covers other corporate governance requirements including Regulations 17 through 27.
This filing has no direct impact on shareholders or the stock price. It simply confirms the company is too small to be subject to certain SEBI governance and disclosure requirements, which is typical for small-cap companies on BSE.