Non-Applicabiliy of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 . Thus company is not required to submit the Related party disclosures ....
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Awaiting price reaction for this filing.
GSB Finance Ltd has informed BSE that it is exempt from submitting related party transaction disclosures under Regulation 23(9) of SEBI LODR Regulations, 2015. The exemption applies because the company's paid-up equity share capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore as on 31 March 2025. Under Regulation 15(2), small listed companies meeting these size thresholds are not required to comply with certain corporate governance provisions, including related party disclosures. This is a routine compliance communication confirming the company's small-cap status.
This is an administrative filing with no direct impact on shareholders or the stock price. It simply confirms GSB Finance's status as a small-cap entity qualifying for reduced compliance requirements, which means investors won't receive separate related party transaction disclosures from the company.