Non applicability of disclosure of Related Party Transaction to the company for the quarter ended 31.03.2026.
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Surbhi Industries Ltd has filed a disclosure with BSE stating that it is not required to comply with the Related Party Transaction (RPT) disclosure norms under SEBI (LODR) Regulations. The company cites Regulation 15(2) and Regulation 23(9) of SEBI (LODR) 2015 as the basis for this exemption. The company qualifies for the exemption because either its paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore, or its shares are listed exclusively on the SME Exchange. As a result, corporate governance provisions including regulations 17 to 27 and other clauses do not apply to the company, and it is not required to submit consolidated RPT disclosures.
This is a routine compliance notification confirming the company falls below the thresholds for mandatory corporate governance and related party transaction disclosures. It is not a material development for shareholders as it simply reflects the company's small size and SME listing status.