Non Applicability of Regulation 23(9) of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015 for the half year ended 31.03.2025
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West Leisure Resorts Ltd has informed BSE that SEBI's Regulation 23(9), which normally requires listed companies to file a half-yearly disclosure of related party transactions, does not apply to the company. The exemption applies under Regulation 15(2) because the company's paid-up equity share capital (Rs 305.33 Lakhs) and net worth (Rs 1944.81 Lakhs) as on March 31, 2025 both fall below the prescribed threshold limits. Accordingly, the company is not required to submit the half-yearly related party transaction disclosure for the period ended March 31, 2025. The letter was signed by Vaibhav Dodia, Company Secretary & Compliance Officer, on May 21, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company qualifies as a 'small company' under SEBI norms and is exempt from a specific disclosure requirement.