Command Polymers Limited has submitted a formal communication to the BSE Limited regarding the non-applicability of SEBI Regulation 23(9) for the first half year ended 30th September, 2026.
The company cites SEBI Regulation 15(2) which exempts certain classes of companies from Regulation 23(9) requirements. Specifically, the exemption applies to:
- Listed entities with paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore as of the last day of the previous financial year
- Listed entities that have listed their specified securities exclusively on the SME Exchange
Command Polymers Limited confirms that it qualifies for exemption under the second criterion as it is listed exclusively on the SME Exchange.
Consequently, the company is not required to submit the Related Party Transaction Report for the first half year ended 30th September, 2026.
The company provides an undertaking that whenever these regulations become applicable in the future, it will comply with the requirements within six months from the date the provisions become applicable.