Non applicbility of Requlation 23 (9) of LODR
Awaiting price reaction for this filing.
Centerac Technologies Ltd has informed BSE that Regulation 23(9) of SEBI LODR Regulations is not applicable to the company. This regulation requires listed entities to disclose related party transactions on a half-yearly and annual basis. The company is exempt because, as of 31st March 2025, its paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore, falling under the thresholds specified in Regulation 15 of SEBI LODR. Consequently, the company is not required to submit related party transaction disclosures for the half-year and year ended 31st March 2025. The letter is signed by Sweta Sarraf, Company Secretary and Compliance Officer.
No material impact on shareholders or stock price. This is a routine compliance filing confirming the company qualifies for exemption from related party transaction disclosure requirements due to its small size.