We are hereby submitting the Non-Applicability of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended 31st March, 2026.
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Sidh Automobiles Ltd has submitted a disclosure stating that Regulation 23(9) of SEBI (LODR) does not apply to the company. This exemption is claimed under Regulation 15(2), which applies to companies with Paid-up Equity Share Capital below Rs. 10 Crore and Net Worth below Rs. 25 Crore. The company, headquartered in New Delhi with scrip code 539983 on BSE, falls below both thresholds as of 31st March 2026 and therefore is not required to comply with related corporate governance and shareholding disclosure norms.
This filing indicates Sidh Automobiles is a small-cap company exempt from certain corporate governance disclosures. It has no direct impact on shareholder value but signals the company operates under relaxed regulatory requirements, which investors should note when assessing governance standards.