This clause is not applicable to us as the paid up share capital of our company has not exceeded above Rs. 10 crores and Networth has not exceeded Rs. 25 crores.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Modern Shares & Stockbrokers Ltd has informed BSE that the disclosure of Related Party Transactions under SEBI Regulation 23(9) is not applicable to the company for the quarter and half year ended September 30, 2025. The company's paid-up equity share capital stands at Rs. 2.93 crores and net worth at Rs. 12.74 crores as per the latest audited accounts (March 31, 2025), both falling below the exemption thresholds of Rs. 10 crores (capital) and Rs. 25 crores (net worth) under Regulation 15(2). As a result, the company is exempt from filing the consolidated Related Party Transaction disclosure. The communication is signed by the Whole Time Director, Anil Sugno Manghnani.
This is a routine compliance filing with no impact on shareholders or stock price. It simply confirms the company qualifies as a small-cap listed entity exempt from a specific SEBI disclosure requirement, offering no new business or financial information.