Ekennis Software Service Limited has submitted a regulatory disclosure to BSE Limited regarding the non-applicability of SEBI Regulation 23 (Related Party Transactions) provisions to the company.
The disclosure states that as per Regulation 15 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the compliance with Related Party Transactions provisions under Regulation 23 applies only to companies listed on SME Exchange that have either paid-up equity share capital exceeding ₹10 crore or net worth exceeding ₹25 crore as on the last day of the previous financial year.
The company's equity shares are listed on the SME Platform of BSE (BSE SME). Financial data for the previous three financial years shows:
As on 31/03/2026 (₹ in Lakhs):
- Paid-up share Capital: 140.00
- Reserve and surplus: 99.82
- Net Worth: 239.82
As on 31/03/2025 (₹ in Lakhs):
- Paid-up share Capital: 140.00
- Reserve and surplus: 200.57
- Net Worth: 340.57
As on 31/03/2024 (₹ in Lakhs):
- Paid-up share Capital: 140.00
- Reserve and surplus: 362.15
- Net Worth: 502.15
Note: Net Worth calculation = Paid-up share capital + Reserve and surplus
The company's paid-up equity capital has remained constant at ₹1.40 crore (below the ₹10 crore threshold) and net worth has remained below ₹25 crore (₹2.40 crore as of March 31, 2026) for all three previous financial years.
A certificate from M/S A Y & Company, Chartered Accountants (Partner: Arpit Gupta, Membership No.: 421544) confirms the financial position and certifies that Regulation 23 provisions are not applicable to the company.
The document is signed by Manisha Sharma, Managing Director (DIN: 08377458), and requests BSE to take the information on record.
Financial Impact
No financial impact disclosed as this is a compliance exemption disclosure.