Declaration regarding Non applicability of disclosure of related party transaction is attached herewith.
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Awaiting price reaction for this filing.
Focus Business Solution Limited has informed BSE that it is not required to file disclosures of related party transactions under Regulation 23(9) of the SEBI Listing Regulations. The company explains that because it is listed on the SME platform of BSE, it is exempt from this regulation as per Regulation 15(2). It has nevertheless confirmed it will continue to comply with all other applicable listing requirements. The letter is signed by the Company Secretary & Compliance Officer, Dinal Lakdawala, dated May 27, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price — it simply clarifies an exemption the company already qualifies for as an SME-listed entity.