Declaration of Non-applicability of Regulation 23(9) of SEBI (LODR) Regulations, the period ended March 31, 2025
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Kusam Electrical Industries Ltd has informed the BSE that Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements (relating to related party transaction disclosures) does not apply to the company. As on March 31, 2025, the company's paid-up equity share capital stood at just Rs. 24,00,000 and net worth at Rs. 3,80,31,313, both well below the SEBI thresholds of Rs. 10 crore and Rs. 25 crore respectively. Because of this small-company status, the firm is exempt from filing half-yearly related party transaction disclosures under Regulation 23(9). A Practising Company Secretary, Dr. S.K. Jain, has certified the capital and net worth figures supporting this exemption.
This is a routine compliance filing confirming the company qualifies as a small-cap listed entity under SEBI rules and is therefore relieved of mandatory related party transaction disclosure requirements. It does not reflect any change in business or financial performance, so no direct impact on share price is expected.