NON APPLICABILITY OF DISCLOSURE ON RELATED PARTY TRANSACTION ON CONSOLIDATED BASIS
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KMG Milk Food has informed BSE that it is exempt from filing Related Party Transaction (RPT) disclosures on a consolidated basis for the half-year ended March 31, 2025. The exemption applies because the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore, qualifying it under Regulation 15(2) of SEBI LODR Regulations. As a result, the requirements of Regulation 23(9) regarding half-yearly RPT disclosures are not mandatory for the company. The letter was signed by Basudev Garg, Whole Time Director.
This is a routine compliance update with no material impact on shareholders or stock price. It simply confirms KMG Milk Food's small-cap status based on capital and net worth thresholds, meaning reduced disclosure requirements but no negative implication for investors.