Non-Applicability of Regulation 23(9) OF SEBI (LODR) Regulations,2015.
Awaiting price reaction for this filing.
Adjia Technologies Ltd has informed the BSE that Regulation 23(9) of SEBI LODR, which requires listed companies to disclose related party transactions every six months, does not apply to the company. This exemption is available to entities listed on the BSE SME platform whose paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore. The company's paid-up capital stands at Rs. 88.04 lakhs and its net worth for FY 2024-25 is Rs. 226.36 lakhs, both well below the prescribed thresholds. The filing, signed by Managing Director and CFO Roshan Kumar Rawal, effectively means the company is not required to submit related party transaction disclosures for the half year ended September 30, 2025.
This is a routine compliance communication with no direct impact on the stock price or shareholder value. It simply confirms that the small-sized SME-listed company is exempt from a specific disclosure requirement, reinforcing its status as a small-cap entity with limited public float and regulatory burden.