Non Applicability of Regulation 23(9) of SEBI (LODR) Regulations 2015 for the quarter and half year ended September 30, 2025
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Spice Islands Industries Limited has informed BSE that the disclosure of Related Party Transactions under Regulation 23(9) of SEBI (LODR) Regulations, 2015 is not applicable to the company for the quarter and half year ended September 30, 2025. This exemption is claimed under Regulation 15(2) because the company's Paid-up Share Capital of Rs. 4.30 crores and Net Worth of Rs. 2.36 crores (as on March 31, 2025) are both below the prescribed thresholds of Rs. 10 crores and Rs. 25 crores respectively. The filing is signed by Arti Lalwani, Company Secretary and Compliance Officer, and is a routine compliance submission to the exchange.
This is a routine regulatory disclosure with no material impact on shareholders or stock price. It simply confirms the company qualifies for an exemption from related party transaction disclosures due to its small size, providing no new business or financial information.