Please note that provisions of regulation 23(9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 is not applicablle to the company.
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Awaiting price reaction for this filing.
Indoworth Holdings Limited (formerly Uniworth Securities Limited) has informed BSE that Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 does not apply to the company. This regulation, which requires half-yearly disclosure of related party transactions, is exempt because the company's paid-up equity share capital is below Rs. 10 crores and its net worth is below Rs. 25 crores as on the last day of the previous financial year. The letter is signed by Executive Director Harish Kant Mandhre and is a routine compliance communication. The filing also reflects the company's recent name change from Uniworth Securities Limited to Indoworth Holdings Limited.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms that the company falls below SEBI's prescribed thresholds and is therefore exempt from additional disclosure requirements on related party transactions.