JEET MACHINE TOOLS LTD

Regulatory Exemption Basis

The company cites Regulation 15(2) of SEBI (LODR) Regulations, 2015, which exempts compliance with corporate governance provisions including Regulation 23(9) for:

  • Listed entities with paid-up equity share capital not exceeding ₹10 crores
  • Listed entities with net worth not exceeding ₹25 crores as on the last day of the previous financial year
  • Entities listed on SME Exchange

Financial Position Details

As per the last audited financial statement as on September 30, 2026:

  • Paid-up Equity Share Capital: ₹1,96,00,000 (Rupees One Crore Ninety-Six Lakhs Only)
  • Net Worth: ₹4,68,14,414 (Rupees Four Crore Sixty-Eight Lakh Fourteen Thousand Four Hundred and Fourteen Only)

Conclusion

The company concludes that it is not required to submit Related Party Transaction disclosures under Regulation 23(9) of SEBI (LODR) Regulations, 2015 due to its size falling below the specified thresholds.