Non applicability of Disclosure under Regulation 23(9) of SEBI -Disclosure of Related Party Disclosure for the half year ended March 31, 2025
Awaiting price reaction for this filing.
Oswal Leasing Ltd has informed BSE that it is not required to submit the half-yearly disclosure of Related Party Transactions under Regulation 23(9) of SEBI LODR Regulations for the period ended March 31, 2025. The company qualifies for this exemption under Regulation 15(2), which exempts small listed entities from certain corporate governance compliances. As per its audited accounts, the company's paid-up equity share capital is Rs. 50 lakh and its net worth is Rs. 2.79 crore. Both figures fall well below the exemption thresholds of Rs. 10 crore paid-up capital and Rs. 25 crore net worth, making the disclosure requirement inapplicable.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms that Oswal Leasing is too small to be subject to related party transaction disclosure norms, meaning investors will not receive the usual consolidated RPT disclosure for this half-year period.