Regulatory5 Nov 2026, 05:56 pm
Prashant India Ltd Exempt from Related Party Disclosure
AI Summary
Prashant India Limited has stated that it is exempt from the disclosure requirements under Regulation 23(9) of SEBI (LODR) Regulations, 2015. This exemption is due to the company's 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, as per Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Consequently, the company is not required to submit disclosures of Related Party Transactions for the half-year ended September 30, 2026.
Key Highlights
- Company exempt from SEBI LODR Regulation 23(9) disclosures.
- Exemption based on paid-up capital and net worth criteria.
- No Related Party Transaction disclosures required for H1 FY27.
- Compliance with corporate governance provisions is relaxed.
Price Impact
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