We herewith submit the non-applicability of regulation 23(9) of SEBI (LODR) 2015
Awaiting price reaction for this filing.
Jyotirgamya Enterprises has informed the BSE that Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements (LODR) does not apply to the company for the half year ended 31 March 2025. This regulation, which normally requires disclosure of related party transactions, is not mandatory because the company's paid-up equity share capital is below ₹10 crore and its net worth is below ₹25 crore as on 31 March 2025. Under Regulation 15(2) of LODR, companies falling below these thresholds are exempt from certain corporate governance and disclosure requirements. The letter has been signed by the Managing Director, Anil Ganpatlalji Jain.
This is a routine compliance filing and is unlikely to have any material impact on the stock price. It simply confirms that the company is small enough (sub-₹10 crore capital, sub-₹25 crore net worth) to be exempt from a specific SEBI disclosure requirement, which may also signal limited business scale for retail investors to consider.