KMG Milk Food Limited has submitted a formal communication to BSE Ltd regarding the non-applicability of certain SEBI Listing Obligations and Disclosure Requirements (LODR) regulations to the company.
The company references Regulation 15(2) of SEBI (LODR) Requirements, 2015, which stipulates that compliance with corporate governance provisions (Regulations 17 to 27, specific clauses of Regulation 46(2), and Parts C, D, and E of Schedule V) is not mandatory for listed entities with paid-up equity share capital not exceeding ₹10 crores and net worth not exceeding ₹25 crores as of the last day of the previous financial year.
KMG Milk Food Limited confirms that it meets both exemption criteria: its paid-up equity share capital does not exceed ₹10 crores and its net worth does not exceed ₹25 crores.
Consequently, the specific provision of Regulation 23(9) of SEBI (LODR) Regulations, 2015, which requires the filing of Related Party Transactions (RPT) for the half-year ended 30th September 2026, is not applicable to the company.
The letter serves as a formal request to BSE Ltd to take note of this exemption and update its records accordingly.