NON- APPLICABILITY OF REGULATION 23(9) OF SEBI (LODR) REGULATIONS, 2015 REGARDING SUBMISSION OF DISCLOSURES OF RELATED PARTY TRANSACTION
Awaiting price reaction for this filing.
Omkar Overseas Ltd has informed the Bombay Stock Exchange that Regulation 23(9) of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, which mandates half-yearly and annual disclosure of related party transactions, does not apply to the company. This exemption is claimed under Regulation 15(2) because the company's paid-up equity share capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore as on March 31, 2025. The company has therefore stated that it is not mandatory for it to file RPT disclosures for the half-year and year ended March 31, 2025. The letter is signed by Bhavinkumar Arvindkumar Patel, Company Secretary and CFO, dated April 30, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company falls below the size threshold for mandatory related-party transaction disclosures, meaning investors will not receive detailed RPT information from the company — a minor transparency limitation for those evaluating related-party risks.