Declaration regarding the non applicability of Regulation 23(9) of SEBI LODR, Regulations 2015 in respect of dosclosure of Related Party transactions for the half year ended on 31st March 2025.
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Zenlabs Ethica Ltd has informed BSE that it is not required to disclose Related Party Transactions (RPTs) for the half year ended 31st March 2025 under Regulation 23(9) of SEBI LODR Regulations, 2015. The exemption is claimed under Regulation 15(2), which relieves small-cap listed entities from this disclosure obligation. To qualify, the company's paid-up equity share capital must not exceed Rs. 10 crore and net worth must not exceed Rs. 25 crore. The company reports its paid-up capital at Rs. 6.51 crore and net worth at Rs. 10.425 crore as on 31st March 2025, both well within the exemption thresholds. The letter was signed by Manju Bala, Company Secretary & Compliance Officer, on 12th May 2025.
This is a routine regulatory disclosure clarifying the company's exempt status — it is not a new event and is unlikely to affect the stock price. However, the absence of a mandatory RPT disclosure means investors will not receive a formal half-yearly report on related party dealings, which slightly reduces transparency compared to larger listed companies.