StockWatch
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Iron & Steel Products
Regulatory21 Oct 2026, 06:30 pm

Crimson Metal Exempted from RPT Disclosure

AI Summary

Crimson Metal Engineering Company Ltd has informed the stock exchange that it is exempt from submitting related party transaction disclosures for the half-year ended September 30, 2026, as per Regulation 23(9) of SEBI (LODR) Regulations, 2015. This exemption is due to the company's paid-up capital of ₹4,42,82,070 and net worth of ₹5,73,48,000 as of March 31, 2026, which are within the prescribed limits under Regulation 15(2). The company has committed to complying with these regulations within six months should they become applicable in the future.

Key Highlights

  • Exemption from related party transaction disclosure claimed.
  • Paid-up capital and net worth below regulatory thresholds.
  • Company commits to future compliance if regulations apply.
  • Disclosure pertains to half-year ended September 30, 2026.