Reference to regulation 23(9) of SEBI (LODR) Regulations, 2015, where in a Company is required to submit to the Stock Exchange a disclosure of Related Party transactions on half year basis on the date of publication of its financial results. In context to the aforesaid we may kindly submit that regulation 23(9) is not applicable to our company as per the exemptions granted under regulation 15(2) of the SEBI (LODR) Regulations, 2015.Kindly also note that the paid-up share capital of the Company as on March 31, 2025 is Rs. 9.06 Crores and net worth is Rs. 4.10 Crores in negative, which are below the threshold limits as prescribed under the aforesaid regulation 15(2) of the SEBI (LODR) Regulations, 2015, hence the said exemptions under this regulation has been obtained.
