Declaration with respect to the non applicability of the related party provisions of SEBI (LODR) 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SI Capital & Financial Services Ltd has informed BSE that the disclosure of Related Party Transactions under Regulation 23(9) of SEBI LODR is not applicable to the company for the half year ended March 31, 2025. The company qualifies for this exemption under Regulation 15(2) because its paid-up capital does not exceed Rs. 10 Crores and its net worth does not exceed Rs. 25 Crores as on the last day of the financial year. This exemption also extends to several other corporate governance provisions specified in SEBI LODR. The declaration was signed by the Company Secretary and Compliance Officer on May 27, 2025.
This is a routine compliance filing with no material impact on the company's business, financials, or shareholders. It simply confirms the company's eligibility for exemption from certain disclosure requirements due to its small size, and should not affect the stock price.