Non-applicability of Disclosure under Regulation 23(9) of SEBI (LODR) Listing Regulations, 2015
Awaiting price reaction for this filing.
Oswal Leasing Ltd has informed BSE that it is exempt from disclosing Related Party Transactions on a consolidated basis for the half year ended March 31, 2026. The exemption applies because the company's paid-up equity share capital is Rs. 50 lakhs and net worth is Rs. 2.72 crore, both below the thresholds specified under Regulation 15(2) of SEBI LODR (Rs. 10 crore capital and Rs. 25 crore net worth). As a small listed entity, the company is not required to comply with several corporate governance provisions including Regulation 23(9). This is a routine compliance filing confirming the company's exempt status.
No material impact on shareholders. This filing merely confirms the company's exemption from certain disclosure requirements due to its small size. The stock is likely a micro-cap with limited trading activity. Investors should note the company falls below standard corporate governance requirements applicable to larger listed entities.