Declaration regarding Non-applicability of submission of Disclosure of Related Party Transaction for the half year ended September 30, 2025.
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Shoora Designs Limited, listed on the SME platform of BSE (Scrip Code: 543970), has informed the exchange that Regulation 23 of SEBI LODR Regulations 2015, which governs Related Party Transaction disclosures, does not apply to the company. This exemption is because, as an SME-listed entity, the company falls under Regulation 15(2) and does not exceed the prescribed limits of paid-up equity share capital and net worth. Consequently, the company is not required to submit the half-yearly Related Party Transaction disclosure for the period ended September 30, 2025. The company has confirmed it will continue to comply with all other applicable listing regulations.
This is a routine regulatory compliance declaration with no material impact on the stock or shareholders. It simply confirms that the company qualifies for an exemption from one specific disclosure requirement due to its SME listing status, and does not indicate any change in business, governance, or financials.