Announced Fri, 9 Oct, 2026 · 17:04 IST
Non-applicability of related party disclosure norm
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Kajal Synthetics and Silk Mills informed BSE that Regulation 23(9) related party transaction disclosure does not apply to the company. As on March 31, 2026, its paid-up equity capital stood at Rs. 199.20 Lakhs and net worth was negative at Rs. 1,031.69 Lakhs, both below the Rs. 10 crore paid-up capital and Rs. 25 crore net worth thresholds required for compliance.
Likely market impact
Company is exempt from related party disclosure but a negative net worth of over Rs. 10 crore signals serious financial weakness, which is a concern for shareholders.