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Awaiting price reaction for this filing.
Shiva Suitings Ltd has informed BSE that Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 does not apply to the company for the half year ended 30th September 2025. The company states that its paid-up equity share capital is below INR 10 Crores and its net worth is below INR 25 Crores as on 30th September 2025. Because both these thresholds are not met, the company falls outside the applicability criteria laid out in Regulation 15 of the SEBI (LODR) Regulations. Regulation 23(9) normally requires listed entities to disclose related party transactions on a half-yearly basis. The letter is signed by Bharat Tulsani, Company Secretary and Compliance Officer.
This is a routine compliance disclosure with no direct impact on shareholders or the stock price. It simply confirms that the company is below the size thresholds required for mandatory half-yearly related party transaction disclosures, meaning reduced compliance burden for the company.