SEBI Related Party Disclosure Rules Not Applicable to Company
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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.
Kajal Synthetics & Silk Mills has told BSE that SEBI's Regulation 23(9) on related party transaction disclosure does not apply to it. Based on audited financials as of March 31, 2025, the company's paid-up equity capital is Rs. 199.20 lakhs and net worth is negative Rs. 791.70 lakhs — both below the thresholds of Rs. 10 crore paid-up capital and Rs. 25 crore net worth. The company is therefore exempt from filing half-yearly related party transaction disclosures.
Routine compliance filing with no material impact on shareholders. However, the negative net worth signals financial weakness worth monitoring.