BSEPrashant India LtdMinimalNeutral
Announced Sat, 30 May · 18:23 IST

Non applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015.

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AI summary

Prashant India Ltd has informed BSE that it qualifies for exemption from corporate governance requirements under Regulation 15(2) of SEBI LODR. The company falls below the thresholds for paid-up equity share capital (Rs. 10 crore) and net worth (Rs. 25 crore). As a result, it is not required to file Related Party Transaction disclosures under Regulation 23(9) for the half year ending 31st March 2026. This is a routine compliance notification confirming the company's exempt status.

Likely market impact

No material impact on shareholders. This filing simply confirms the company's exemption from certain disclosure requirements as a smaller listed entity with limited paid-up capital and net worth.