Submission of non-applicability of Related party Transactions as per Regulation 23(9) of SEBI (LODR) (Amendment) Regulation 2018.
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JJ Finance Corporation Ltd has submitted a disclosure stating that Regulation 23(9) of SEBI (LODR) Regulations, requiring consolidated disclosure of Related Party Transactions, is not applicable to the company. The exemption is based on Regulation 15(2) as the company's paid-up equity share capital is below Rs. 10 crore and net worth is below Rs. 25 crore as of March 31, 2026. The company also confirmed it has no Holding, Subsidiary, or Associate Company. This filing is a routine compliance update submitted to BSE and CSE.
No immediate impact on shareholders as this filing merely confirms an exemption the company already qualifies for due to its small size. The company avoids additional disclosure requirements typically applicable to larger entities.