We hereby inform that Regulation 23 of SEBI (LODR) Regulations, 2015 is not applicable to the company for the quarter ended on March 31, 2025 as per the provisions of Regulation 15(2) of ....
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Gujjubhai Industries Ltd has informed BSE that the Related Party Transactions disclosure requirement under Regulation 23 of SEBI (LODR) Regulations, 2015 does not apply to the company for the quarter ended March 31, 2025. The exemption is claimed under Regulation 15(2), which relieves companies whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. The company states its paid-up equity share capital is Rs. 7,10,71,700 (approximately Rs. 7.11 crore) and its net worth is also below Rs. 25 crore. Consequently, no Related Party Transaction filing is required for the quarter.
This is a routine compliance clarification with no material impact on shareholders or the stock price. It simply confirms that the company qualifies as a small-cap entity and is exempt from disclosing related party transactions for the quarter.