Intimation for Non-Applicability of Disclosure of Related Party Transactions under Regulation 23 of the SEBI (LODR) Regulations, 2015
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Smart Finsec Ltd has informed BSE that it qualifies for exemption from disclosing Related Party Transactions under SEBI regulations. As of March 31, 2025, the company's paid-up equity share capital stands at Rs 3 crore and net worth at approximately Rs 15.63 crore. Both figures fall within the thresholds specified under Regulation 15(2) of SEBI LODR Regulations, 2015, which exempts small companies with paid-up capital up to Rs 10 crore and net worth up to Rs 25 crore from certain corporate governance compliance requirements including Regulation 23 disclosures. The company has provided this intimation to BSE for record-keeping purposes.
This is a routine regulatory filing with no direct impact on shareholders. The company remains listed on BSE with Scrip Code 539494 but qualifies as a small company exempt from certain SEBI governance disclosures. Investors should note that this exemption reduces transparency requirements around related party dealings.