Non-applicability of Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") for the half ....
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Yuvraaj Hygiene Products has informed BSE that SEBI's Regulation 23(9), which requires half-yearly disclosure of related party transactions, does not apply to the company for the period ended September 30, 2025. Under SEBI's Regulation 15(2), companies with paid-up equity capital below Rs. 10 crore and net worth below Rs. 25 crore are exempt from several corporate governance rules including this one. As on March 31, 2025, the company's paid-up equity capital stood at Rs. 9.07 crore and net worth at Rs. 1.24 crore, both well below the thresholds. The filing is supported by a chartered accountant's certificate from N.S. Gokhale & Co. confirming these figures. Notably, the company's net worth swung from negative Rs. 4.75 crore in FY24 to positive Rs. 1.24 crore in FY25, though it remains small in size.
This is a routine regulatory filing with no material impact on shareholders or stock price. The company remains small enough to qualify for reduced compliance requirements, and investors should note that related party transaction disclosures under Reg. 23(9) will not be filed for this half-year period.