Reference to regulation 23(9) of SEBI (LODR) Regulations, 2015, where in a Company is required to submit to the Stock Exchange a disclosure of Related Party transactions on half year basis ....
Awaiting price reaction for this filing.
SRM Energy Ltd has informed the BSE that it is not required to submit the half-yearly disclosure of Related Party Transactions as mandated under Regulation 23(9) of SEBI LODR Regulations for the period ended September 30, 2025. The company is claiming exemption under Regulation 15(2) of the SEBI LODR framework, which applies to smaller listed companies. It cited that its paid-up share capital as of March 31, 2025 stands at around Rs. 9.06 crore, and its net worth is negative at Rs. 4.10 crore. Since both metrics fall below the prescribed thresholds, the company qualifies for this exemption and is not obliged to file the related-party transaction disclosure for this half-year.
This is a routine compliance communication and not an operational update, so it is unlikely to move the stock. However, the disclosure of negative net worth of Rs. 4.10 crore is a red flag for shareholders, indicating the company's liabilities exceed its assets, which warrants caution.