Intimation about the non applicability of Regulation 23(9) of SEBI (LODR) Regulations 2015
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Rich Universe Network Ltd has informed BSE that Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015 does not apply to it for the half year ended 31 March 2025. The company qualifies for exemption because both its paid-up equity share capital (Rs. 7.25 crore) and net worth (Rs. 7.09 crore) fall below the SEBI thresholds of Rs. 10 crore and Rs. 25 crore respectively. Regulation 23(9) requires listed companies to disclose details of related party transactions, but small-cap companies meeting both threshold criteria are exempt.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is small enough to be exempt from mandatory related party transaction disclosure requirements.