Disha Resources Limited has submitted a formal communication to BSE Limited regarding the non-applicability of SEBI Listing Obligations and Disclosure Requirements (LODR) Regulation 23(9) concerning related party transactions.
The company references Regulation 15(2) of SEBI (LODR) Requirements, 2015, which stipulates that corporate governance provisions including Regulation 23 are not applicable to listed entities having paid-up equity share capital not exceeding ₹10.00 crore and net worth not exceeding ₹25.00 crore as on the last day of the previous financial year.
Disha Resources confirms that its paid-up equity share capital does not exceed ₹10 crore and its net worth does not exceed ₹25 crore, thereby qualifying for this exemption. Consequently, the provisions of Regulation 23(9) of SEBI (LODR) Regulations, 2015 are not applicable to the company, and it is not mandatory for the company to file related party transactions for the year ended March 31, 2026 with the exchange.
The letter is signed by Dhwani Nagar, Company Secretary and Compliance Officer (Membership No: 71158), and requests BSE to update its records accordingly.