Declaration with respect to non-applicability of the disclosure on Related Party Transactions under Regulation 23 (9) of the SEBI (LODR) Regulations, 2015.
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Zodiac Ventures Ltd has informed the Bombay Stock Exchange that the disclosure of Related Party Transactions for the half-year ending 31st March 2025 is not applicable to the company. The company cites Regulation 15(2) of the SEBI (LODR) Regulations, 2015, which exempts listed entities whose paid-up capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore as on the last day of the financial year. Since Zodiac Ventures meets both these thresholds as on 31st March 2025, it is not required to file the Related Party Transaction disclosure. The letter was signed by Rustom Deboo, Company Secretary and Compliance Officer, on 31st May 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company qualifies as a small-cap listed entity exempt from detailed Related Party Transaction disclosures, which may indicate limited scale of operations.