Basis for Exemption
The company states that this regulation does not apply to them as their paid-up share capital and net worth do not exceed the prescribed limits of ₹10 Crores and ₹25 Crores, respectively, as on 31st March 2026. This exemption is claimed under Regulation 15(2) of SEBI (LODR) Regulations, 2015.
Financial Thresholds
- Paid-up share capital: Does not exceed ₹10 Crores
- Net worth: Does not exceed ₹25 Crores
- Reference date: 31st March 2026
Conclusion
The company confirms it is not required to submit 'disclosure of related party transactions' as per Regulation 23(9) of SEBI (LODR) Regulations, 2015.