Non-Applicability of Submission of Related Party Statement along with Results for quarter and year ended 31st March, 2025
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Gujarat Poly Electronics has informed BSE that it is not required to submit a Related Party Statement along with its financial results for the quarter and year ended 31st March 2025. This exemption is based on Regulation 15(2) of SEBI LODR Regulations, 2015, which relieves companies with paid-up equity capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore from certain disclosure obligations, including Regulation 23(9). The company's paid-up equity share capital is Rs. 8.55 crore and net worth is Rs. 21.09 crore, both below the threshold limits, so the related party disclosure requirement does not apply.
This is a routine compliance communication and has no material impact on shareholders or the stock price. It simply confirms the company's small-cap status qualifies it for reduced SEBI disclosure obligations.