Indobell Insulations: Reg 23(9) RPT Disclosure Not Applicable
Indobell Insulations Ltd has informed the exchange that the disclosure on Related Party Transactions for the half-year ended September 30, 2026, under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2018, is not applicable to the company. This exemption applies because the company is listed on an SME Exchange platform with a paid-up capital not exceeding ₹10 Crores and net worth not exceeding ₹25 Crores as of the last day of the financial year. The company has provided a certificate from its statutory auditor, Bandyopadhyay & Dutt Chartered Accountants, confirming the paid-up equity share capital of ₹6.30 Crores and net worth of ₹15.46 Crores for the financial year 2023-24.
Key Highlights
- Regulation 23(9) RPT disclosure not applicable to Indobell Insulations.
- Exemption based on SME listing with paid-up capital under ₹10 Cr.
- Net worth below ₹25 Cr also qualifies for exemption.
- Statutory auditor certificate confirms financial thresholds.
- Company is exempt from related party transaction compliance.
Price Impact
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