Non-applicability of Reg 23(9) of SEBI (LODR) Regulations, 2015 for the year ended 31st March 2025
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Techknowgreen Solutions has informed BSE that it is not required to file disclosure of related party transactions under Regulation 23(9) of SEBI (LODR) for the financial year ended 31st March 2025. The exemption applies because the company's equity shares are listed on the SME Platform of BSE Limited, where it has been listed since 27th September 2023. Under Regulation 15(2) of SEBI (LODR), companies listed on the SME exchange are automatically exempt from several corporate governance provisions, including related party transaction disclosures. This is a routine compliance confirmation and does not involve any new financial data or transactions.
This is a standard regulatory filing with no material impact on shareholders or the stock price. It simply confirms that the company's SME-listed status exempts it from a specific disclosure requirement.