Reg 23(9) of SEBI(LODR), 2015 Not Applicable
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Awaiting price reaction for this filing.
Southern Gas Limited has informed the BSE that it is exempt from disclosing related party transactions on a consolidated basis under SEBI (LODR) Regulation 23(9). The exemption applies because the company's paid-up share capital (Rs. 22.50 Lakhs) and net worth (Rs. 2,437.88 Lakhs) as on 31 March 2025 are both below the regulatory thresholds of Rs. 10 Crores and Rs. 25 Crores respectively, as defined under Regulation 15(2). The filing was signed by Nirzara Kesarwani, Company Secretary & Compliance Officer, dated 30 May 2025. This is a routine compliance submission confirming the company qualifies for the small-cap exemption and is not required to file the related party transaction disclosure report.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that the company's smaller size exempts it from a specific reporting requirement, which may appeal to investors preferring lean-compliance small caps but offers no new fundamental information.