Declaration Regarding Non-applicability of submission of disclosure of Related Party Transaction for the half year and year ended March 31, 2025
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Shoora Designs Ltd (BSE Script: SHOORA/543970) has submitted a declaration to BSE stating that it is not required to file the half-yearly and annual Disclosure of Related Party Transactions. The company is listed on the SME platform of BSE, and under Regulation 15(2) read with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SME-listed entities are exempted from this particular disclosure requirement. The company has clarified that it will continue to comply with all other applicable listing regulations. The letter is signed by Priti Mohata, Company Secretary and Compliance Officer, from Surat.
This is a routine compliance filing and does not indicate any change in business, financials, or governance. Shareholders should note that as an SME-listed company, Shoora Designs operates under a lighter disclosure framework compared to mainboard-listed firms, meaning less granular public information on related party deals.