We hereby submit the Non-applicability of Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.
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Photoquip India Ltd (Scrip Code: 526588) has informed BSE that Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements is not applicable to the company. The company qualifies for an exemption because its paid-up equity share capital does not exceed Rs. 10 crores and its net worth does not exceed Rs. 25 crores as on the last day of the previous financial year. As a result, Photoquip India is not required to submit related party transaction disclosures under this regulation. The submission was signed by Managing Director Dhaval Soni (DIN: 00751362) on 29th May 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company falls below SEBI thresholds for mandatory related party transaction disclosures, meaning investors will not receive the standard Reg 23(9) disclosure from this company.