Shivchem Agro Limited has submitted a formal declaration to BSE Limited regarding the non-applicability of Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to the company.
The declaration is made pursuant to Regulation 15(2)(b) of the SEBI LODR Regulations, which exempts two categories of listed entities from Regulation 23 requirements:
1. Listed entities having paid-up equity share capital not exceeding ₹10 crore
2. Listed entities having net worth not exceeding ₹25 crore as on the last day of the previous financial year
3. Listed entities which have listed their specified securities on the SME Exchange
The company specifically confirms that it is listed on the SME Exchange and therefore Regulation 23(9) is not applicable. This exemption means the company is not required to submit related party disclosures as mandated under Regulation 23 of the SEBI LODR Regulations.
The company affirms that it will continue to comply with all other required listing compliances despite this specific exemption.
The communication was digitally signed by Rohit Agarwal, Chairman & Executive Director (DIN: 06693300), on November 13, 2026, at 18:31:27 IST.