Non-Applicability of Disclosure under Regulation 23(9) of the SEBI (LODR) Regulations, 2015 for the half year ended March 31,2026
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Awaiting price reaction for this filing.
Popees Baby Care India Ltd has informed BSE that it is not required to submit the consolidated Related Party Transaction disclosure for H2 FY2025-26. The company qualifies for an exemption under Regulation 15(2) of SEBI (LODR) because its paid-up equity share capital (Rs 5 Crores) and net worth (Rs 3.37 Crores) as of March 31, 2025 are below the prescribed thresholds of Rs 10 Crores and Rs 25 Crores respectively. Since the company falls below these limits, corporate governance compliance requirements including Regulation 23(9) do not apply. The company has committed to comply with these regulations within six months if they become applicable at a later date.
Neutral filing — the company is formally claiming a regulatory exemption it is entitled to as a small-cap listed entity. No related party transaction concerns are raised, but investors note that the exemption means reduced transparency requirements for this company.