SINCE OUR COMPANY DOES NOT HAVE PAID UP CAPITAL AND NET WORTH OF MINIMUM LEVEL REFERRED UNDER REGULATION 23 AND IS LISTED ON SME PLATFORM WE ARE NOT REQUIRED TO SUBMIT RELATED PARTY TRANSACTIONS ....
Awaiting price reaction for this filing.
Encash Entertainment Ltd has informed BSE that it is not required to submit the half-yearly disclosure of Related Party Transactions for the period ended 31 March 2025. The company qualifies for this exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, because its paid-up equity share capital is below Rs 10 crore and net worth is below Rs 25 crore as on the last day of the financial year. Additionally, the company is listed on the BSE SME Platform, which further qualifies it for the exemption from corporate governance provisions including Regulation 23(9). The letter is signed by Sachet Saraf, Managing Director.
This is a routine regulatory intimation with no material financial impact on shareholders. It simply confirms the company's SME-exempted status and that no related party transaction details are being disclosed for this period.