Reg. 23 (9) not applicable, disclosure enclosed
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Awaiting price reaction for this filing.
Jainco Projects India Ltd has informed the BSE and Calcutta Stock Exchange that it is exempt from disclosing related party transactions under Regulation 23(9) of the SEBI LODR 2015 for the half year ended 31 March 2025. The exemption is claimed under Regulation 15(2), which applies to listed companies with paid-up capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore as on the last day of the previous financial year. The company has stated that its capital and net worth fall below these thresholds, so the related party transaction disclosure submission is not applicable. This is a routine compliance communication filed by Managing Director Sumit Bhansali on 31 May 2025.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms the company's small-cap status qualifies it for reduced disclosure obligations under SEBI rules.