Non-Applicability of Regulation 23(9) for quarter ended on December 31, 2025
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TGIF Agribusiness Ltd has informed the BSE that Regulation 23(9) of the SEBI Listing Obligations and Disclosure Requirements is not applicable to the company for the quarter ended December 31, 2025. The company qualifies for this exemption because its paid-up equity share capital is below INR 10 Crores and its net worth is below INR 25 Crores as on March 31, 2025. A certificate from a Practising Company Secretary confirming this non-applicability was already submitted to BSE via email on October 17, 2025. The company is listed on the BSE SME Exchange under scrip code 544175. This is a routine compliance disclosure informing the exchange that the usual six-monthly related party transaction reporting requirement does not apply to TGIF.
This is a routine regulatory filing with no material impact on shareholders or stock price. It simply confirms the company is small enough (sub-INR 10 Cr equity and sub-INR 25 Cr net worth) to be exempt from the half-yearly related party transaction disclosure under SEBI's listing rules.