Related party transaction disclosure not applicable for half year ended September 30, 2026
Ascensive Educare has told BSE that the half-yearly related party transaction disclosure under Regulation 23(9) of SEBI (LODR) Regulations, 2015 is not applicable to it for the half year ended September 30, 2026.
By ScoutQuest · · 1 min read
- Regulation cited
- Regulation 23(9) of SEBI (LODR) Regulations, 2015
- Period
- half year ended September 30, 2026
- Disclosure status
- not applicable to it
What the company has informed the exchange
- Ascensive Educare has written to BSE stating that it is not required to submit the related party transaction disclosure under Regulation 23(9) of the SEBI (LODR) Regulations, 2015 for the half year ended September 30, 2026.
- The letter is signed by Abhijit Chatterjee, Whole Time Director & CEO, dated October 16, 2026, and requests the exchange to take the intimation on record.
Why it says the disclosure does not apply
The company relies on Regulation 15(2)(b), as amended with effect from March 27, 2025. Under this provision, compliance with the related party transaction provisions of Regulation 23 does not apply to a listed entity that fulfils all of the following:
- it has listed its specified securities on the BSE Startups platform,
- its paid up equity share capital does not exceed Rupees ten crore, and
- its net worth does not exceed Rupees twenty-five crore,
measured as on the last day of the previous financial year.
What this means for a reader
- Regulation 23(9) is the rule that normally requires a listed company to file a half-yearly statement of related party transactions with the stock exchanges.
- This update is the company's statement that, in its case, that requirement does not apply, so no such half-yearly statement is being submitted for this period.
- It is an intimation about applicability of a disclosure rule, taken on record by the exchange.
Also from Ascensive Educare
CIN on MCA master data changed after alteration of objects clause
24 Oct 2026
More numbers
- Paid up equity share capital ceiling for the exemptionRupees ten crore
- Net worth ceiling for the exemptionRupees twenty-five crore
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