Krishna Capital & Securities Limited has submitted a regulatory disclosure to The Listing Department of BSE Limited regarding the non-applicability of certain SEBI Listing Obligations and Disclosure Requirements (LODR) provisions.
The disclosure specifically addresses Regulation 23(9) of the SEBI (LODR) Regulations, 2015, which mandates the disclosure of Related Party Transactions (RPT). The company states that this regulation is not applicable to them for the quarter and half year ended September 30, 2026.
The basis for this exemption is Regulation 15(2) of SEBI (LODR) Requirements, 2015, which exempts listed entities from certain corporate governance provisions if they meet specific size criteria. According to the disclosure:
- The company's paid-up equity share capital does not exceed ₹10 crore as of March 31, 2026
- The company's net worth does not exceed ₹25 crore as of March 31, 2026
These financial metrics are based on the previous financial year ending March 31, 2026. As a result of meeting these criteria, the provisions of Regulation 23(9) are not applicable to the company, and it is not mandatory for them to file RPT disclosures for the specified period.
The letter is digitally signed by Ashokkumar Babulal Agrawal, Managing Director (DIN: 00944735), and requests that BSE take this disclosure on record.
Financial Impact
No financial impact is quantified in this disclosure. The filing represents a compliance status update rather than a financial transaction or operational result.