Southern Magnesium declares non-applicability of SEBI LODR Regulation 23(9) for related party transaction disclosures.
Company qualifies for exemption as paid-up capital (≤₹10cr) and net worth (≤₹25cr) are below SEBI thresholds.
Exemption is based on financial position as of 31 March 2025 under Regulation 15(2) of SEBI LODR.