Submission of Non-Applicability of Regulation 23(9) of SEBI(LODR) Regulations, 2015.
Awaiting price reaction for this filing.
I-Power Solutions India Ltd has informed the BSE that Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements (LODR) does not apply to the company. As on 31 March 2025, the company's paid-up equity share capital stood at Rs. 4.44 crore and net worth at Rs. 3.48 crore, both well below the exemption thresholds of Rs. 10 crore and Rs. 25 crore respectively, as specified under Regulation 15(2). Consequently, the company is not required to disclose related party transactions on a half-yearly basis under Regulation 23(9). The letter is signed by Director Venugopalan Parandhaman.
This is a routine compliance filing confirming an exemption and carries no material impact on shareholders or the stock price. Investors should note, however, that related party transaction disclosures will not be publicly available under this regulation for the company.