Non-Applicability of Regulation 23(9) regarding disclosures of related party transactions for the half year and year ended march 31, 2025
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Srigee DLM Ltd has informed the BSE that it is not required to submit related party transaction disclosures under Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations for the half year and year ended March 31, 2025. The exemption applies because the company is listed on the BSE-SME Exchange, and under Regulation 15(2) of SEBI (LODR), companies on the SME platform are exempt from certain corporate governance provisions including Regulation 23. The letter was signed by Managing Director Shashi Kant Singh on May 26, 2025, and is essentially a routine compliance notification confirming the company's SME-listed status. There are no related party transaction figures or new disclosures included in this filing.
This is a procedural compliance communication with no material impact on shareholders or the stock price. It simply confirms that as an SME-listed company, Srigee DLM carries a lighter disclosure burden compared to mainboard-listed companies.