Non-Applicability of Related Party Disclosures pursuant to Reg. 23(9) of SEBI (LODR) Regulations, 2015
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TGIF Agribusiness Ltd has informed BSE that it is not required to comply with Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements Regulations. This regulation normally mandates listed companies to disclose related party transactions on a half-yearly basis. The exemption applies because TGIF Agribusiness's equity shares are listed on the SME Platform of BSE, and SME-listed entities are specifically excluded from this compliance requirement under Regulation 15(2). The company has therefore confirmed that no related party transaction disclosure is being filed for the half year ended 31st March 2025. This is a routine regulatory notice and contains no actual financial data or transaction details. The filing was signed by Company Secretary Sapan Dalal on 25th April 2025.
No material impact on shareholders or stock price. This is a standard procedural filing confirming that the company qualifies for reduced compliance obligations as an SME-listed entity, with no new financial information disclosed.