Non Applicability of Regulations 23(9) of SEBI (LODR) Regulations, 2015 for the quarter ended March 31, 2026.
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Spice Islands Industries Ltd has informed BSE that Regulation 23(9) of SEBI (LODR) Regulations, 2015 does not apply to the company for the quarter ended March 31, 2026. The company qualifies for exemption because its paid-up capital of Rs. 4.30 Crores and net worth of Rs. 2.36 Crores (as of March 31, 2025) fall below the Rs. 10 Crores and Rs. 25 Crores thresholds respectively, as specified under Regulation 15(2). Consequently, the company is not required to make Related Party Transaction disclosures for this period.
This is a routine compliance filing with no direct impact on the stock. The company remains exempt from certain corporate governance requirements due to its small size, which is consistent with its listed micro-cap status.