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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sinnar Bidi Udyog Ltd has informed BSE that SEBI Regulation 23(9), which deals with disclosures on related party transactions, does not apply to the company. This is because, as on 31st March 2025, the company's paid-up equity share capital stood at Rs. 20.00 lakhs and net worth at Rs. 438.65 lakhs — both well below the thresholds set under Regulation 15(2) of the SEBI LODR Regulations. The company has made this disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. The filing is signed by Pratiksha Shah, Company Secretary and Compliance Officer, dated 30th May 2025.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It simply confirms that the company is too small to fall under the related party transaction disclosure norms, indicating it is a small-cap entity operating outside the scope of stricter SEBI governance rules.