Announced Tue, 10 Jun · 13:06 IST

We had submitted the Non-Applicability Certificate of the Company for related party disclosure on May 27, 2025 and the same was duly taken on record by the Exchange. However we are resubmitting ....

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AI summary

Rapid Multimodal Logistics Ltd, listed on the BSE SME platform, has resubmitted its Non-Applicability Certificate for related party transaction disclosures in a machine-readable format to the exchange. The original certificate was submitted on May 27, 2025, but was not in the required machine-readable form, prompting this resubmission. The company is claiming exemption from Regulation 23(9) of SEBI Listing Regulations for the half-year ended March 31, 2025, because its paid-up equity share capital does not exceed Rs 10 crore and its net worth does not exceed Rs 25 crore. As an SME-listed entity falling below these thresholds, it is not required to file related party transaction disclosures.

Likely market impact

This is a purely procedural/administrative resubmission with no material impact on the business or shareholders. It confirms the company remains below the regulatory size thresholds that would trigger mandatory related party transaction disclosures.