We are hereby submitting the Non-Applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015.
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Hem Holdings & Trading Ltd has informed BSE that it is exempt from Regulation 23(9) of SEBI (LODR) Regulations, 2015 for the half year ended March 31, 2026. The company cites Regulation 15(2) which exempts small companies from corporate governance provisions including Regulation 23(9). The exemption applies because the company's paid-up equity share capital is less than Rs. 10 crore and its net worth is less than Rs. 25 crore as of March 31, 2026. This is a routine compliance filing confirming the company's exempt status from certain disclosure requirements.
This filing has no direct impact on shareholders as it merely confirms an existing regulatory exemption for small companies. The disclosure signals that Hem Holdings is a small-cap entity below SEBI's thresholds for full corporate governance compliance.