Disclosure under 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.
The company has informed BSE that Regulation 23(9) of SEBI (LODR) Regulations 2015 does not apply to it, as its paid-up capital is below Rs. 10 Crore and net worth is below Rs. 25 Crore based on audited financials as of 31 March 2025. Under Regulation 15(2), companies falling below both these thresholds are exempt from corporate governance provisions, including the half-yearly disclosure of related party transactions. Consequently, the company will not be submitting the related party transaction disclosure for the half year ended 30 September 2025. The communication is signed by Director Pritam Kapur.
This is a routine compliance filing with no impact on stock price. It simply confirms the company qualifies as a small-cap entity under SEBI thresholds and is therefore exempt from certain disclosure requirements that apply to larger listed companies.