Pursuant to Regulation 23(9) of SEBI (Listing obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the certificate confirming the Non Applicability of ....
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Awaiting price reaction for this filing.
Terraform Magnum Limited has submitted a certificate to BSE confirming that disclosure of Related Party Transactions under Regulation 23(9) of SEBI LODR is not applicable to the company. This exemption is based on Regulation 15(2), as the company's paid-up equity share capital is below Rs. 10 crores and net worth is below Rs. 25 crores as of March 31, 2026. The company is classified as a smaller listed entity under SEBI regulations. The filing, signed by Company Secretary Harsh Shedge, was submitted on May 29, 2026. The company is also exempt from several other compliance requirements including Regulations 17-27 due to its smaller size.
This filing confirms the company remains a small-cap listed entity with relaxed compliance requirements. No material impact on shareholders expected, as this is a routine regulatory confirmation of exemptions already available to smaller companies.