Declaration for Non-Applicability of related party transactions under Regulation 23(9) of SEBI (LODR) Regulation, 2015 for the financial year ended on 31st March 2025
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Yug Decor Ltd has submitted a declaration to BSE stating that the disclosure of Related Party Transactions under Regulation 23(9) of SEBI LODR Regulations is not applicable to the company for the financial year ended 31st March 2025. The exemption applies because the company is listed on the SME Exchange, and as per Regulation 15(2)(b) of SEBI LODR Regulations, entities listed on SME platforms are exempt from this disclosure requirement. The declaration is signed by the Chairman & Managing Director, Chandresh S. Saraswat, dated 27th May 2025.
This is a routine regulatory filing confirming an exemption. There is no material financial impact on shareholders or the stock price, as it simply clarifies that the company, being on the SME platform, is not required to file detailed related party transaction disclosures for FY ending March 2025.