As per Regulation 15(2)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regulation 23(9) is applicable to only those listed entity having paid up capital ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company has informed BSE that SEBI Regulation 23(9), which mandates half-yearly disclosure of related party transactions, does not apply to it. The exemption threshold is paid-up equity capital above Rs. 10 Crore AND net worth above Rs. 25 Crore. As on March 31, 2025, the company's paid-up capital stood at Rs. 199.20 Lakhs and its net worth was negative at Rs. 791.70 Lakhs, both well below the threshold. The company has therefore been exempted from filing related party transaction disclosures. The negative net worth figure, however, points to weak financial health worth investors' attention.
This is a routine regulatory clarification and is unlikely to move the stock. The disclosed negative net worth of around Rs. 7.92 Crore is a red flag indicating the company's liabilities exceed its assets, which shareholders should monitor closely.