BSEMayur Floorings LtdMinimalNeutral
Announced Fri, 13 Feb · 17:47 IST

DISCLOSURE UNDER REGULATION 23(9) OF SEBI (LODR) REGULATIONS, 2015 - NON-APPLICABILITY OF RELATED PARTY TRANSACTIONS

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AI summary

Mayur Floorings Limited has informed BSE that Regulation 23(9) of SEBI (LODR) Regulations, 2015, which deals with disclosure of related party transactions, does not apply to the company. The exemption is claimed under Regulation 15(2)(b), which applies to listed entities whose paid-up equity share capital does not exceed Rs. 10 crores and whose net worth does not exceed Rs. 25 crores as on the last day of the previous financial year. This indicates the company is a small-cap entity falling below the materiality thresholds set by SEBI for this compliance requirement. The letter is signed by Managing Director Mahavir N Sundrawat and dated February 13, 2026.

Likely market impact

This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company's small size relative to SEBI's thresholds and its exemption from related party transaction disclosure norms.