BSEITCONS E-Solutions LtdMinimalNeutral
Announced Fri, 30 May · 19:50 IST

Please find enclosed herewith declaration of Non-Applicability of Related Party Transaction disclosure for the half year and year ended March 31, 2025

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AI summary

ITCONS E-Solutions Ltd has informed BSE that the requirement to disclose Related Party Transactions under Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015 does not apply to the company for the half year and year ended March 31, 2025. The company is exempt because its equity shares are listed on the SME Exchange, which qualifies it for relaxation under Regulation 15 of the same SEBI rules. This is a routine compliance filing and no specific transactions are being reported. The company has a paid-up equity share capital of Rs. 10 crore or less or a net worth of Rs. 25 crore or less, making it eligible for the exemption.

Likely market impact

This is a procedural compliance update with no material impact on shareholders or the stock price. It simply confirms that ITCONS, as an SME-listed company, is exempt from a specific detailed disclosure norm that applies to larger listed companies.