Non-applicability of Regulation 23(9) of SEBI (LODR) Regulations, 20215, for the half year ended March 31, 2026
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The Ravalgaon Sugar Farm Limited has informed BSE that it is exempt from complying with SEBI Regulation 23(9), which requires half-yearly filing of Related Party Transactions. The exemption applies because the company falls below the regulatory thresholds — as of March 31, 2025, its paid-up equity share capital was Rs. 34 lakh and net worth was approximately Rs. 14.69 crore, both below the Rs. 10 crore and Rs. 25 crore limits respectively. The company clarified it will comply with these provisions once they become applicable. This is a routine regulatory disclosure under SEBI's relaxations for smaller listed entities.
This is a routine filing confirming exemption from certain governance requirements due to the company's small size. No material impact on shareholder value or stock price expected.