Clarification9 Oct 2026, 05:04 pm
Kajal Synthetics: Not Required to Submit Related Party Transactions
AI Summary
Kajal Synthetics & Silk Mills Ltd has clarified that it is not required to submit "Disclosure of Related Party Transactions" as per Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is because the company's paid-up equity capital of ₹199.20 Lacs (₹1.99 Crore) and net worth of ₹-1031.69 Lacs (₹-10.32 Crore) as of March 31, 2026, do not exceed the threshold limits of ₹10.00 Crore paid-up capital and ₹25.00 Crore net worth stipulated by Regulation 15(2)(a).
Key Highlights
- Company not required to submit related party transaction disclosures.
- Paid-up capital is ₹199.20 Lacs (₹1.99 Crore).
- Net worth is negative ₹1031.69 Lacs (₹-10.32 Crore).
- Financials are below SEBI's threshold limits for disclosure.
- Clarification provided based on audited financials as of March 31, 2026.
Price Impact
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