Pl find enclosed attached Non Applicability of Related Party Transactions for 31st March 2025
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Awaiting price reaction for this filing.
Envair Electrodyne Ltd has informed BSE that SEBI's Regulation 23(9), which mandates disclosure of related party transactions, does not apply to the company for the half-year ended 31st March 2025. The company is exempt under Regulation 15(2) because its paid-up equity share capital of Rs. 4.64 crore is below the Rs. 10 crore threshold, and its net worth of Rs. 8.28 crore is below the Rs. 25 crore threshold. Both limits need to be exceeded for the regulation to apply. The filing was signed by Managing Director Anil Nagpal on 27 May 2025.
This is a routine compliance clarification, not a new business event. No material impact on shareholders or stock price is expected, as the company is simply confirming it falls below the size threshold requiring related party transaction disclosures.