NON APPLICABILITY- DISCLOSURE UNDER REGULATION 23(9) OF SEBI (LODR) REGULATION, 2015.
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Rich Universe Network Ltd has filed a disclosure stating it is exempt from Regulation 23(9) of SEBI LODR Regulations, which requires listed companies to disclose related party transactions. The exemption applies because the company's paid-up equity share capital of Rs. 7.25 crore and net worth of Rs. 7.09 crore fall within the small company threshold limits set by BSE. Under BSE guidance, companies with paid-up capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore are exempt from this disclosure requirement. This filing covers the half-year/year ended 31st March 2026.
This is a routine compliance filing with no direct impact on the stock price. As a small company, Rich Universe Network is not required to publicly disclose its related party transactions, which means shareholders have less transparency into such dealings compared to larger listed companies.