Disclosure under Regulation 23(9) of SEBI LODR Regulations, 2015 - Non-Applicability of Related Party Transaction
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Mayur Floorings Limited has informed BSE that SEBI's Regulation 23(9), which requires listed companies to disclose related party transactions on a half-yearly basis, does not apply to the company. The exemption is claimed under Regulation 15(2)(b) of SEBI LODR, which exempts companies whose paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. In simple terms, Mayur Floorings qualifies as a small-cap entity below these size thresholds and is therefore not required to file related party transaction disclosures. The company has requested the exchange to acknowledge this non-applicability status. The communication is signed by Mahavir N Sundrawat, Managing Director, and is dated 10 November 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company is too small (under the prescribed capital and net worth thresholds) to be subject to related party transaction disclosure rules, meaning investors do not gain any new insight into related party dealings from this filing.