Krishna Defence And Allied Industries Limited has informed the Exchange about non-applicability of Regulation 23 of SEBI(LODR) Regulations, 2015 on disclosure of related party transactions for the half year ended on 31st March, 2025
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Krishna Defence and Allied Industries has informed NSE that Regulation 23(9) of SEBI (LODR) Regulations, 2015 does not apply to the company for the period ended 31st March 2025. The company is listed on NSE EMERGE, the SME platform of NSE, which exempts it from this regulation's requirements. As a result, the company is not required to disclose Related Party Transactions under this regulation for the financial year ended March 31, 2025. This is a routine compliance filing confirming the company's SME exchange status.
This is a routine compliance communication with no material impact on shareholders or stock price. It simply confirms the company's exemption from RPT disclosure norms due to its listing on the NSE EMERGE (SME) platform.