
Regulatory29 May 2026, 04:52 pm
Nidhi Granites: Reg 23(9) of SEBI LODR Not Applicable
AI Summary
Nidhi Granites Ltd. announces that Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable to the company. This is due to the company's paid-up equity share capital being less than ₹10.00 crores and its net worth being less than ₹25.00 crores as of March 31, 2026. Consequently, the company is not required to submit disclosures of related party transactions on a consolidated basis as per Regulation 23(9) of SEBI (LODR) Regulations, 2015.
Key Highlights
- Regulation 23(9) of SEBI (LODR) not applicable to Nidhi Granites.
- Paid-up equity share capital is less than ₹10.00 crores.
- Net worth of the company is less than ₹25.00 crores as of March 31, 2026.
- Company not required to submit consolidated related party transaction disclosures.
Price Impact
More from NIDHGRN