Non- Applicability Certificate of Disclosure of Related Party Transactions under Reg. 23 (9) read with Reg. 15 (2) of the SEBI (LODR) Regulations, 2015 for the year ended 31st March, 2025
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Swagtam Trading & Services Ltd has submitted a Non-Applicability Certificate to BSE stating that the disclosure of Related Party Transactions under Regulation 23(9) of SEBI (LODR) Regulations does not apply to the company for the financial year ended 31 March 2025. The exemption is because, as on 31 March 2024, the company's paid-up equity share capital stood at around Rs. 1.19 crore and net worth at around Rs. 4.58 crore, both of which fall below the SEBI thresholds of Rs. 10 crore and Rs. 25 crore respectively. Since the company does not meet the size criteria, Regulation 23(9) is not applicable, and the company is also relieved of several Corporate Governance provisions listed under Regulation 15(2). The certificate has been signed by Chetan Malik, Company Secretary.
This is a routine compliance filing with no material impact on shareholders — it simply confirms the company is too small (by capital and net worth) to be required to disclose related party transactions under SEBI rules.