Non Applicability of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements ) Regulation, 2015.
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Rap Corp Ltd has informed BSE that it is not required to comply with Regulation 23(9) of SEBI LODR Regulations, 2015, which mandates disclosure of Related Party Transactions. The company qualifies for exemption under Regulation 15(2) as its paid-up equity share capital does not exceed Rs 1 crore and net worth does not exceed Rs 25 crore. The filing was signed by Managing Director Rupinder Singh Arora (DIN: 00043968) on May 28, 2026. This is a routine compliance filing and does not indicate any change in business operations or financial health.
The exemption confirms Rap Corp Ltd is a small listed entity with limited regulatory compliance burden. This has no direct impact on the stock price but provides transparency to investors about the company's regulatory standing.