We hereby submit the non-applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015 for half year ended March 31, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sidh Automobiles Ltd has informed BSE that Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 does not apply to the company for the half year ended March 31, 2025. The exemption is claimed under Regulation 15(2) because the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on 31st March 2025. As a result, the company is not required to make half-yearly disclosures of related party transactions on the stock exchange. The letter is signed by Managing Director Anil Sharma.
This is a routine compliance filing confirming that the company qualifies for exemption from certain corporate governance disclosure requirements due to its small size. For shareholders, it signals that Sidh Automobiles is a small-cap company with limited equity base and net worth, and it will not be publishing the half-yearly related party transaction disclosures that larger listed companies must provide.