Dear Sir/Madam, Pursuant to regulation 15(2) of the SEBI LODR regulations and the exemption provided under the regulation. The regulation 23 is not applicable to the Company and hence ....
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Awaiting price reaction for this filing.
QGO Finance Ltd has informed BSE that the disclosure requirement for Related Party Transactions under Regulation 23(9) of SEBI LODR Regulations does not apply to the company. The company is claiming exemption under Regulation 15(2), as both its paid-up equity share capital (Rs. 6.95 crore) and net worth (Rs. 18.11 crore as of March 31, 2025) fall below the prescribed thresholds. As a result, the company is not required to disclose related party transactions on a half-yearly basis. The intimation was signed by Urmi Joiser, Company Secretary & Compliance Officer, on May 26, 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms QGO Finance is a small-cap NBFC exempt from detailed related party transaction disclosures due to its size, which means less transparency for investors on inter-group dealings.