This is to inform you that as per Reg 15(2) of SEBI LODR Reg, 2015, the compliance with the Corporate Governance provisions as specified from Reg 17 to 27 shall not apply to the company. Accordingly ....
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Microse India Ltd has informed BSE that it is exempt from filing Related Party Transaction (RPT) disclosures under Regulation 23(9) of SEBI LODR Regulations. Under Regulation 15(2), companies with paid-up equity capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore are exempt from corporate governance provisions. The company's paid-up equity share capital stands at Rs. 2.16 crore and net worth at Rs. 2.07 crore as on 31st March 2025, both well below the thresholds. Hence, the company is not required to disclose RPTs for the half year and FY ended 31st March 2025.
This is a routine compliance communication with no material impact on shareholders or the stock price. It simply confirms the company's small-cap status qualifies it for reduced disclosure obligations under SEBI rules.