Non-Applicability of Regulation 23(9) of the SEBI Listing Regulations
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Raconteur Global Resources Ltd has informed BSE that Regulation 23(9) of the SEBI Listing Regulations does not apply to the company for the financial year ended 31 March 2025. This is because the company is classified as an SME listed entity under Regulation 15(2)(b), which exempts it from several compliance requirements including Regulation 23, which deals with disclosure of related party transactions in corporate governance reports. The company has confirmed it is not required to submit these disclosures. The letter was signed by Anurag Garg, Company Secretary, on 27 May 2025.
This is a routine procedural filing with no material impact on shareholders or the stock price. It merely confirms an existing regulatory exemption and does not reflect any change in business operations or financial condition.