Non-applicability of Regulation 23(9).. as attached
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Kusam Electrical Industries Ltd has declared that Regulation 23(9) of SEBI LODR 2015 is not applicable to the company for the period ended 31st March 2026. The company qualifies for an exemption under Regulation 15(2) because its paid-up equity share capital of ₹24,00,000 (₹2.4 crore) does not exceed the ₹10 crore threshold, and its net worth of approximately ₹4.02 crore does not exceed the ₹25 crore threshold. As a result, the company is not required to make related party transaction disclosures under Regulation 23(9). This exemption applies to small-cap entities and SME-listed companies as per the regulatory framework.
No material impact on shareholders. This is a standard regulatory compliance filing confirming that the company falls below the thresholds requiring full corporate governance and related party disclosure norms. It does not signal any financial weakness or governance concern — it is simply a size-based exemption.