Ascensive Educare Limited has formally notified the Bombay Stock Exchange Limited that it is exempt from submitting related party transaction disclosures for the half year ended September 30, 2026 as required under Regulation 23(9) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
The exemption is based on Regulation 15(2)(b) of SEBI LODR Regulations (as amended effective March 27, 2025), which states that compliance with Related Party Transactions provisions under Regulation 23 shall not apply to listed entities that meet specific criteria. The company qualifies for this exemption as it has listed its specified securities on the BSE Startups platform and had neither paid-up equity share capital exceeding ₹10 crore nor net worth exceeding ₹25 crore as on the last day of the previous financial year.
The disclosure was signed by Abhijit Chatterjee, Whole Time Director & CEO (DIN: 06439788), and was digitally executed from Hooghly, West Bengal on October 16, 2026. The company has requested the Bombay Stock Exchange to formally record this non-applicability of disclosure requirements.
Financial Impact
No financial impact disclosed. The disclosure pertains to regulatory compliance exemption rather than financial transactions.