Velox Shipping: Regulation 23(9) Not Applicable

Velox Shipping and Logistics Ltd has informed the exchange that Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, regarding the disclosure of Related Party Transactions, is not applicable to the company. This exemption is claimed under Regulation 15(2) of the same regulations, which exempts listed entities with paid-up equity share capital not exceeding Rs. 10 Crores and net worth not exceeding Rs. 25 Crores. As of March 31, 2026, the company's paid-up capital was Rs. 797.40 Lakhs (approx. ₹7.97 Crores) and net worth was Rs. 831.99 Lakhs (approx. ₹8.32 Crores), both within the specified limits. Consequently, the company is not required to submit disclosures for the half-year ended September 30, 2026. They will comply if and when the regulation becomes applicable in the future.