StockWatch
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Industrial Products
Regulatory30 May 2026, 03:51 pm

Hittco Tools: Reg 23(9) Not Applicable Due to Capital < ₹10 Cr

AI Summary

Hittco Tools Ltd. announces that Regulation 23(9) of SEBI (LODR) Regulations, 2015, concerning disclosures of related party transactions, is not applicable to the company for the financial year ended March 31, 2026. This is because the company's paid-up share capital is ₹6,48,10,470 and net worth is ₹3,31,18,815 as of March 31, 2026, both of which are below the threshold of ₹10 Crores and ₹25 Crores, respectively, as per Regulation 15(2) of the Listing Regulations.

Key Highlights

  • Regulation 23(9) of SEBI LODR not applicable to Hittco Tools.
  • Paid-up capital is ₹6,48,10,470, below the ₹10 Cr threshold.
  • Net worth is ₹3,31,18,815, below the ₹25 Cr threshold.
  • Exemption due to Regulation 15(2) of SEBI LODR, 2015.
  • Company not required to submit disclosures of related party transactions.