Pursuant to Regulation of SEBO LODR, Regulation 2015, the provisions of Regulation 23(9) are not applicable to the Company as paid up Capital and Net worth amounts to less than 10 crores ....
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Hittco Tools Limited has notified BSE that Regulation 23(9) of SEBI (LODR) Regulations, which mandates disclosure of Related Party Transactions, does not apply to the company. The exemption is based on the company's size thresholds as of March 31, 2026: paid-up share capital is Rs. 6.48 crore and net worth is Rs. 3.31 crore, both falling below the Rs. 10 crore and Rs. 25 crore thresholds respectively. Under Regulation 15(2), smaller listed companies are exempt from various corporate governance requirements including Regulation 23(9). This is a routine regulatory filing confirming the company's exempt status for the financial year ended March 31, 2026.
This filing has no direct impact on the stock price or shareholder value. It simply confirms that Hittco Tools, as a small listed company, is exempt from certain disclosure requirements. Investors should note the company's relatively small size with net worth under Rs. 4 crore.