
Regulatory29 May 2026, 05:41 pm
Rich Universe Network: Not Under SEBI (LODR) Regulation 23(9)
AI Summary
Rich Universe Network Ltd. is exempt from submitting disclosures of related party transactions under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is because the company's paid-up equity share capital (₹7,25,28,000) and net worth (₹7,09,25,841) are within the threshold limits specified by BSE, i.e., not exceeding ₹10 crore and ₹25 crore respectively, as of March 31, 2026.
Key Highlights
- Rich Universe Network is exempt from related party transaction disclosures.
- Exemption is under SEBI (LODR) Regulation 23(9).
- Paid-up equity is ₹7,25,28,000, below the ₹10 crore limit.
- Net worth is ₹7,09,25,841, below the ₹25 crore limit.
- Exemption based on BSE notice dated April 25, 2022.
Price Impact
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