Pursuant to Regulation 15(2) of SEBI (LODR) Regulations, 2015, submission of disclosure of Related Party Transactions pursuant to Regulation 23(9) of SEBI (LODR) Regulations, 2015, is not ....
Awaiting price reaction for this filing.
Jindal Leasefin Limited has informed BSE that it is not required to submit Related Party Transaction disclosures under Regulation 23(9) of SEBI LODR Regulations for the financial year ended March 31, 2025. This exemption is available under Regulation 15(2) because the company falls below the threshold limits — its paid-up equity share capital is Rs. 3.01 crore and net worth is Rs. 8.27 crore as on March 31, 2024, both under the Rs. 10 crore and Rs. 25 crore cut-offs respectively. The company has accordingly sought BSE's acknowledgment of this non-applicability. The letter is signed by the Company Secretary & Compliance Officer, Rajendra Prasad Rustagi.
This is a routine regulatory filing and is neutral for shareholders — the company is small enough to be exempt from disclosing related party transactions, so investors will not receive RPT details for FY25 from this filing. There is no direct impact on stock price or business operations.