Disclosure regarding Non-applicability of submission of Related Party Transactions for the half year ended march 31, 2026.
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Shoora Designs Ltd, listed on the BSE SME platform, has informed the exchange that it is not required to submit Related Party Transaction disclosures. The company states that because it is listed on an SME exchange and its paid-up equity share capital and net worth fall below the prescribed thresholds under SEBI's Listing Regulations, it is exempt from Regulation 23 (Related Party Transactions) requirements. This exemption is a standard regulatory relief available to smaller listed companies. The company clarifies it will continue to comply with all other applicable listing requirements.
This is a routine compliance filing confirming a regulatory exemption. It has no direct impact on the stock or shareholder value — it simply clarifies that the company is not required to disclose related party transactions due to its SME listing status and small size.