Regulatory15 Apr 2026, 05:21 pm
Nikki Global Finance exempt from SEBI Reg 23(9) on RPTs; capital below ₹10 Cr
AI Summary
Nikki Global Finance Ltd has declared the non-applicability of Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the half year/year ended March 31, 2026. This regulation pertains to disclosures of related party transactions. The company confirmed that the provisions of Regulation 23(9) do not apply to them because their paid-up equity share capital is ₹3,41,97,000 and net worth is ₹1,29,87,127 as of March 31, 2025. These figures are below the thresholds specified in the regulation, which exempts listed entities with paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore.
Key Highlights
- Nikki Global Finance is exempt from SEBI Regulation 23(9) on RPTs.
- Exemption is due to paid-up capital of ₹3.42 Cr as of March 31, 2025.
- Net worth of ₹1.30 Cr also falls below regulatory thresholds.
- Regulation 23(9) applies to entities with capital over ₹10 Cr or net worth over ₹25 Cr.
Price Impact
More from NIKKIGL