Announced Fri, 23 May · 18:09 IST

Non Applicability of Related Party Disclosure

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Awaiting price reaction for this filing.

AI summary

Prospect Consumer Products Ltd, listed on BSE's SME platform (Security Code: 543814), has informed BSE that Related Party Transaction disclosure under SEBI LODR Regulation 23 does not apply to it for the financial year ended March 31, 2025. Under Regulation 15(2)(b), such disclosures are only mandatory for SME-listed companies whose paid-up equity share capital exceeds ₹10 crore or net worth exceeds ₹25 crore. As of March 31, 2025, the company's paid-up capital and net worth are both below these thresholds. The filing is a routine compliance intimation submitted by the Company Secretary.

Likely market impact

This is a routine regulatory clarification and does not affect the company's operations, financials, or shareholder value. Investors should note that smaller companies below the SEBI thresholds are exempt from detailed related-party transaction disclosures, which means limited visibility into such dealings for this SME-listed stock.