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Corporate Governance6 Nov 2026, 06:10 pm

Jeet Machine Tools: Reg 23(9) Not Applicable

AI Summary

Jeet Machine Tools Ltd has informed that Regulation 23(9) of SEBI (LODR) Regulations, 2015, regarding Related Party Transactions, is not applicable to the company for the half-year ended September 30, 2026. This is due to the company's paid-up equity share capital of ₹1.96 Crore and net worth of ₹4.68 Crore as of the last audited financial statement. As per Regulation 15(2) of SEBI (LODR) Regulations, 2015, certain corporate governance provisions do not apply to listed entities with paid-up capital not exceeding ₹10 Crore and net worth not exceeding ₹25 Crore. Consequently, the company is not required to submit disclosures for Related Party Transactions under Regulation 23(9).

Key Highlights

  • Regulation 23(9) on Related Party Transactions is not applicable.
  • Company's paid-up capital is ₹1.96 Crore.
  • Company's net worth is ₹4.68 Crore.
  • Exemption based on SEBI LODR Regulations 15(2).