Please find attached herewith Non applicability certificate of Reg 23(9) of SEBI(LODR)
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Tradewell Holdings Ltd (formerly Brand Realty Services Limited, BSE scrip code 531203) has submitted a certificate confirming that SEBI LODR Regulation 23(9), which deals with disclosure of related party transactions, does not apply to the company for the half year ended March 31, 2025. The exemption is claimed under Regulation 15(2) of the LODR Regulations because the company's paid-up share capital is Rs. 3.00 crore and net worth is Rs. 6.41 crore as on March 31, 2024, both of which fall below the prescribed thresholds of Rs. 10 crore and Rs. 25 crore respectively. As a result, the company is relieved from filing half-yearly related party transaction disclosures and several other corporate governance compliance requirements.
This is a routine compliance filing and is neutral for shareholders — it simply confirms the company's small-cap status exempts it from certain disclosure norms. It does not indicate any change in business, financials, or governance quality.