Non-Applicability of Disclosure of Related Party Transection pursuant to Regulation 23(9) of SEBI(LODR), 2015.
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JLA Infraville Shoppers Ltd has informed BSE that the Related Party Transaction (RPT) disclosure requirement under Regulation 23(9) of SEBI LODR Regulations does not apply to it for the quarter and financial year ended 31st March 2025. The exemption is claimed under Regulation 15(2), because the company's paid-up equity share capital does not exceed Rs. 10 Crore and its Net Worth does not exceed Rs. 25 Crore as on 31st March 2024. The filing was signed by Chirag, Additional Director, on 30th May 2025.
This is a routine compliance filing with no direct impact on shareholders or the stock price. It does signal that the company is small-cap (under Rs. 10 Crore capital, under Rs. 25 Crore net worth) and is therefore exempt from certain corporate governance disclosures.