Non-Applicability of Disclosure under Regulation 23(9) of the SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 - Disclosure of Related Party Transaction on Consolidated ....
Awaiting price reaction for this filing.
I-Power Solutions India Ltd has informed BSE that disclosure of related party transactions on a consolidated basis under Regulation 23(9) of SEBI LODR is not applicable to the company for the half year ended September 30, 2025. The company qualifies for exemption under Regulation 15(2) because its paid-up equity share capital is Rs. 4.45 crore and net worth is Rs. 3.48 crore as on March 31, 2025 — both below the prescribed thresholds of Rs. 10 crore and Rs. 25 crore respectively. The company has committed to comply with the regulation within six months if it ever crosses these thresholds in the future. This is a routine corporate governance clarification and not a material financial event.
No material impact on shareholders or stock price. Investors should note that I-Power Solutions is a small-cap company and is exempt from certain SEBI corporate governance disclosures due to its size, meaning less granular related party transaction data will be available publicly.