Disclosure of Non-Applicability of Regulation 23(9) of SEBI (LODR) Regulation 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gratex Industries Ltd has informed BSE that it is not required to comply with Regulation 23(9) of SEBI (LODR) for the half-year/year ended 31 March 2026. The company falls under the exemption criteria under Regulation 15(2) because its paid-up equity share capital does not exceed Rs 10 crore and net worth does not exceed Rs 25 crore. As a result, Gratex is not required to submit half-yearly disclosures of Related Party Transactions. The company also benefits from exemptions across a broad set of corporate governance provisions including Regulations 17 through 27.
This is a routine regulatory disclosure confirming Gratex Industries qualifies for a small-cap exemption from certain SEBI governance requirements. No immediate impact on shareholders or stock price — the company is simply formalising its exempt status.