Non Applicability of Related Party Transaction for the year ended March 31, 2025 as per Regulation 23 of LODR 2015
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Filmcity Media Ltd has submitted a certificate to BSE stating that the disclosure of Related Party Transactions under Regulation 23(9) of SEBI LODR Regulations, 2015 is not applicable to the company for the second half year ended March 31, 2025. The company qualifies for this exemption because, as per Regulation 15(2), its paid-up equity share capital stands at Rs 3.06 crore (below the Rs 10 crore threshold) and its net worth is Rs 2.88 crore (below the Rs 25 crore threshold) as on March 31, 2025. Since both limits are not exceeded, the company is exempt from filing related party transaction disclosures with the stock exchange. The filing was signed by Raksha Kumari, Company Secretary & Compliance Officer.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company is classified as a small-cap entity based on its paid-up capital and net worth, and is therefore exempted from certain corporate governance disclosure requirements.