Non Applicability of Related Party Disclosure under Reg 23 for half year ended 30/09/2025
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Prospect Consumer Products Ltd, listed on BSE's SME platform (Security Code: 543814), has informed the exchange that related party transaction disclosure under Regulation 23 of SEBI LODR Regulations is not applicable to it for the half year ended September 30, 2025. Under Regulation 15(2)(b), this disclosure is mandatory only if a company's paid-up equity share capital exceeds ₹10 crore or its net worth exceeds ₹25 crore as on the last day of the previous financial year. The company confirmed that as of March 31, 2025, both its paid-up equity share capital and net worth were below these thresholds, making the regulation inapplicable. The letter was signed by Bhargavi Pandya, Company Secretary & Compliance Officer, on November 12, 2025.
This is a routine compliance filing with no direct material impact on shareholders or the stock price. It simply confirms that the company is small enough to qualify for relaxed disclosure norms applicable to SME-listed entities, and there are no related party transactions requiring detailed disclosure for this period.