Non-applicability of submission of Disclosure of Related Party Transactions under Regulation 23(9) of the Securities and Exchange Board of India (LODR), 2015
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Rapid Multimodal Logistics Limited, listed on the BSE SME platform, has informed the exchange that it is not required to submit the half-yearly disclosure of Related Party Transactions under Regulation 23(9) of SEBI LODR for the period ended September 30, 2025. As per Regulation 15(2)(b), companies on the SME exchange are generally exempt from certain corporate governance provisions, including Regulation 23. However, from April 1, 2025, this exemption does not apply if the company's paid-up equity share capital exceeds ₹10 crore or its net worth exceeds ₹25 crore. The company has confirmed that both its paid-up capital and net worth are below these thresholds, making the RPT disclosure non-applicable.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms that the company falls below the size threshold for mandatory Related Party Transaction disclosures, which is normal for a small-cap SME-listed entity.