As per Regulation 15(2) of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 (SEBI Listing Regulations) as Corporate Governance provision specified in Regulation 17, ....
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S & T Corporation Limited has informed BSE that it is exempt from submitting Related Party Transaction disclosures under Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 for the financial year ended March 31, 2025. Under Regulation 15(2), companies with paid-up equity share capital not exceeding ₹10 Crores and net worth not exceeding ₹25 Crores are exempt from several corporate governance provisions, including Reg. 23(9). The company's paid-up share capital and net worth as on March 31, 2025 were below these thresholds, qualifying it for the exemption. The letter is signed by Shailesh S. Paranjape, Company Secretary & Compliance Officer.
This is a routine compliance filing with no direct impact on shareholders or stock price. It simply confirms that the company is small enough (below ₹10 Cr capital and ₹25 Cr net worth thresholds) to be exempt from a specific quarterly disclosure requirement, meaning investors will not receive detailed related-party transaction data for this period.