Basis for Exemption
The exemption applies because the company qualifies as an SME listed entity with specified securities listed on the SME Exchange platform. The company's paid-up capital does not exceed ₹10 crores and its net worth does not exceed ₹25 crores as of the last day of its financial year.
Financial Parameters Certified by Statutory Auditor
Bandyopadhyay & Dutt, Chartered Accountants (Flat No 202, 2nd Floor, Anand Apartment, 119A, Santoshpur Avenue, Kolkata - 700075), have certified the following financial parameters:
| Financial Year | Paid-up Equity Share Capital (₹ Crores) | Net Worth (₹ Crores) |
| 2025-26 | 6.30 | 16.22 |
| 2024-25 | 6.30 | 15.46 |
| 2023-24 | 4.095 | 5.67 |
Regulatory Compliance Status
Based on these certified financial figures, the company is exempt from compliance with the requirement pertaining to Related Party Transactions under SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.