Non applicability certificate of Regulation 23(9) of SEBI(LODR) Regulation 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Polymac Thermoformers Ltd has filed a non-applicability certificate for SEBI's Regulation 23(9), which normally requires listed companies to disclose related party transactions every six months. The company is listed on the BSE SME platform and qualifies for an exemption under Regulation 15(2)(b) because its paid-up equity share capital (Rs. 4.78 crore) is below Rs. 10 crore and its net worth (Rs. 10.62 crore) is below Rs. 25 crore as on March 31, 2025. A practicing company secretary (M/s. Hemant Sharma & Associates) has certified that the company is not required to submit a half-yearly related party transaction report for the period ended September 30, 2025. The figures have remained stable across the last three financial years (2022-23 to 2024-25).
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company's small-cap status makes it eligible for relaxed disclosure rules under SEBI's SME framework.