Clarification11 April 2026 at 02:11 pm
Katare Spinning Mills Exempt from SEBI RPT Disclosure
AI Summary
Katare Spinning Mills Ltd has declared non-applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015, concerning related party transactions. The company qualifies for exemption under Regulation 15(2)(a) as its paid-up equity share capital (₹2.85 crore) and net worth (₹2.73 crore) as of March 31, 2025, are below the prescribed thresholds of ₹10 crore and ₹25 crore respectively. This means the corporate governance provisions related to RPT disclosures do not apply to the company.
Key Highlights
- Katare Spinning Mills is exempt from SEBI Regulation 23(9) on related party transactions.
- Exemption criteria met under SEBI Regulation 15(2)(a) for smaller listed entities.
- Paid-up capital is ₹2.85 Cr and net worth is ₹2.73 Cr as of March 31, 2025.
- These figures are below the ₹10 Cr paid-up capital and ₹25 Cr net worth thresholds.