Disclosure of Non Applicability of Related Party Transaction
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Tirupati Finlease Ltd has informed BSE that it is not required to submit the quarterly Related Party Transaction disclosure under Regulation 23(9) of SEBI LODR Regulations. This exemption applies because the company's paid-up equity share capital is around Rs 3 crore and net worth is around Rs 5.47 crore as on 31 March 2025, both of which are below the SEBI thresholds of Rs 10 crore (capital) and Rs 25 crore (net worth). As a result, for the quarter ended 31 March 2025, the company is exempt from filing the consolidated Related Party Transaction report. The letter is signed by Bajranglal Balkishan Agarwal, Whole Time Director.
This is a routine compliance filing and has no material impact on shareholders or the stock price. It simply confirms that Tirupati Finlease, being a small-sized company, qualifies for reduced corporate governance obligations under SEBI rules.