SPA Capital Services Limited has submitted a formal intimation to BSE Limited regarding the non-applicability of SEBI Regulation 23(9) concerning Related Party Transaction disclosures for the half-year ended September 30, 2026.
The exemption is based on Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation exempts listed entities from compliance with Regulation 23 provisions if they meet specific size criteria: having a paid-up equity share capital not exceeding ₹10 crore and a net worth not exceeding ₹25 crore, as on the last day of the previous financial year.
Accordingly, the company confirms it is not required to submit the details or disclosures mandated by Regulation 23(9) for the specified period.
The company provides an undertaking to comply with these requisite provisions within the stipulated time period when they become applicable to the company in the future.