We hereby submit the non-applicability of Regulation 23 (9) of SEBI (LODR) Regulations, 2015.
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Awaiting price reaction for this filing.
IndiaNivesh Ltd has informed BSE that Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements does not apply to the company. The rule, which normally requires listed companies to disclose related party transactions, is exempt for firms whose paid-up equity capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore. IndiaNivesh states it falls below these thresholds and therefore does not need to file related party transaction disclosures. The letter, signed by Director Rajesh Nuwal, is dated 28th May 2025.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms that the company is small enough to be exempt from one specific disclosure rule — investors should not read this as positive or negative news.