Non-applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015 for the half year ended September 30, 2025.
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Awaiting price reaction for this filing.
The Ravalgaon Sugar Farm Ltd has informed BSE that Regulation 23(9) of the SEBI Listing Regulations, which deals with disclosure of related party transactions, does not apply to the company. As of March 31, 2025, the company's paid-up equity share capital was Rs. 34 lakh and its net worth stood at Rs. 14.69 crore, both of which are below the thresholds of Rs. 10 crore (paid-up capital) and Rs. 25 crore (net worth) specified under Regulation 15(2). Because of this, the company is exempt from filing half-yearly related party transaction disclosures for the period ending September 30, 2025. The company has stated it will comply with these requirements once they become applicable to it.
This is a routine compliance clarification and is a neutral event for shareholders. It signals that the company is a small-cap entity with limited capital base and does not change the fundamental outlook of the stock. No material action is required from investors as a result of this filing.