Non-applicability of Regulation 23 of SEBI (LODR) Regulations, 2015
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Sailani Tours N Travels Ltd has informed BSE that Regulation 23 of SEBI (LODR) Regulations, 2015 does not apply to the company. This regulation deals with the disclosure of Related Party Transactions. The exemption is available because the company is listed on the SME Exchange. Under Regulation 15 of SEBI LODR, companies on the SME platform are not required to comply with certain corporate governance provisions, including Regulation 23. The letter is signed by Purvi Agarwal, Company Secretary, dated 30 May 2025.
This is a routine procedural filing with no material impact on shareholders or stock price. It simply confirms that the company, being an SME-listed entity, is exempt from disclosing related party transactions under Regulation 23.