
Regulatory30 May 2026, 09:33 pm
Kuwer Industries: Reg. 23(9) of SEBI LODR Not Applicable
AI Summary
Kuwer Industries Ltd. announces that Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pertaining to the submission of half-yearly reports on Related Party Transactions, is not applicable to the company for the half-year ended March 31, 2026. This is due to the company meeting the criteria specified in Regulation 15(2) of SEBI (LODR) Regulations, 2015, which provides exemptions for listed entities with paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore as of the last day of the previous financial year. The company commits to complying with the regulation in the future if it becomes applicable.
Key Highlights
- Regulation 23(9) on Related Party Transactions not applicable for Kuwer Industries.
- Exemption due to paid-up capital not exceeding ₹10 crore.
- Net worth not exceeding ₹25 crore as of the last financial year.
- Company will comply if regulation becomes applicable later.
Price Impact
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