Regulatory Basis for Exemption
The company cites SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 23(9) read with Regulation 15(2)(a) of Chapter IV, which exempts listed entities from RPT disclosure requirements if they meet the following criteria as of the last day of the previous financial year:
- Paid-up equity share capital not exceeding ₹10 crore
- Net worth not exceeding ₹25 crore
The regulation states that if these provisions become applicable at a later date, the listed entity must comply within six months from the date the provisions become applicable.
Financial Position and Eligibility
As per the balance sheet figures provided:
As of 31 March 2026:
- Paid-up share capital: ₹3,00,56,000 (₹3.01 crore)
- Net worth: ₹1,70,97,632 (₹1.71 crore)
Historical Financial Position:
- 31 March 2025: Paid-up capital ₹3,00,56,000; Net worth ₹1,59,40,000
- 31 March 2024: Paid-up capital ₹3,00,56,000; Net worth ₹1,37,50,724
- 31 March 2023: Paid-up capital ₹3,00,56,000; Net worth ₹1,06,77,506
- 31 March 2022: Paid-up capital ₹3,00,56,000; Net worth ₹71,59,386
Conclusion and Request
Since both paid-up equity share capital (₹3.01 crore) and net worth (₹1.71 crore) are below the regulatory thresholds of ₹10 crore and ₹25 crore respectively, the requirement for submission of Related Party Transaction disclosures under Regulation 23(9) is not applicable to the company for the half year ended 30 September 2026.
The company requests the exchanges to take this document on record.