Nikki Global Finance Ltd has filed a regulatory disclosure with BSE Limited regarding the non-applicability of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended September 30, 2026.
The disclosure specifically addresses the requirements for related party transactions under Regulation 23(9). The company confirms that these provisions do not apply to them based on their financial metrics as of the previous financial year ended March 31, 2026.
Key Financial Metrics
- Paid-up capital: ₹3,41,97,000 (₹3.42 crore)
- Net worth: ₹1,51,26,034 (₹1.51 crore)
Regulatory Basis for Exemption
The company cites the exemption criteria specified in the regulations, which states that Regulation 23(9) shall not apply to listed entities having:
- Paid-up equity share capital not exceeding ₹10 crore
- Net worth not exceeding ₹25 crore
as on the last day of the previous financial year (March 31, 2026).
Reference Documents
The filing references BSE Guidance Note on disclosure of related party transactions vide BSE Notice No.: 20220425-30, dated: April 25, 2022.
Financial Impact
The disclosure confirms that no related party transaction disclosures are required under Regulation 23(9) for the half year ended September 30, 2026, due to the company's size falling below the regulatory thresholds.