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Awaiting price reaction for this filing.
Shiva Suitings Ltd has informed BSE that Regulation 23(9) of SEBI Listing Regulations does not apply to the company for the half year ended 31st March 2025. This is because the company's paid-up equity share capital is below INR 10 crore and its net worth is below INR 25 crore, falling under the exemption threshold of Regulation 15 of SEBI (LODR) Regulations. Regulation 23(9) typically requires listed companies to disclose related party transactions every six months in a specified format. As a small-cap entity below the prescribed size limits, the company is exempt from submitting this disclosure.
This is a routine compliance communication with no material impact on shareholders or stock price. It simply confirms the company is too small to be subject to a specific disclosure rule, and investors should not expect additional related-party transaction disclosures from the company.