Certificate confirms related party transaction rules do not apply for half year ended September 30, 2026
Clinitech Laboratory has told BSE that Regulation 23 of SEBI (LODR) Regulations, 2015, which governs related party transactions, is not applicable to it for the half year ended September 30, 2026.
By ScoutQuest · · 2 min read
- Net worth (2025-26)
- Rs. 9.25 crore
- Paid-up equity capital (2025-26)
- Rs. 2.28 crore
- Net worth (2023-24)
- Rs. 3.55 crore
What has been shared
- The company has written to BSE stating that Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which deals with related party transactions, is not applicable to it for the half year ended September 30, 2026.
- The reason given is that the company is listed on the SME portal of BSE Limited and does not exceed the threshold limits specified, so it is exempt under Regulation 15 of the same regulations.
- A certificate from a Practicing Company Secretary on paid-up capital and net worth for the three immediately preceding financial years is enclosed with the letter.
The figures certified
- Paid-up equity capital: Rs. 2.28 crore for 2025-26, Rs. 2.28 crore for 2024-25 and Rs. 1.68 crore for 2023-24.
- Net worth: Rs. 9.25 crore for 2025-26, Rs. 8.83 crore for 2024-25 and Rs. 3.55 crore for 2023-24.
- The certificate is limited to the Company Secretary's opinion on the applicability of Regulation 23 of SEBI (LODR) Regulations, 2015.
What this means in simple terms
Regulation 23 sets the framework for how a listed company deals with its related parties — for example, transactions with promoters, group companies or key personnel — including approvals and disclosures. The update says these requirements do not currently apply to this company because of its SME listing and because its paid-up capital and net worth remain within the prescribed thresholds as on the last day of the previous financial year.
How to read this announcement
- This is a compliance confirmation about which rule applies, not an update on the company's business, orders, earnings or expansion.
- The certified paid-up capital and net worth figures give a sense of the company's scale and of how its net worth has moved across the three financial years shown.
- The certificate is signed by Deep Shukla of Deep Shukla & Associates, Company Secretaries, and the covering letter by Jagdish Umakant Nayak, Chairman and Managing Director.
More numbers
- Paid-up equity capital, FY 2025-262.28
- Net worth, FY 2025-269.25
- Paid-up equity capital, FY 2024-252.28
- Net worth, FY 2024-258.83
- Paid-up equity capital, FY 2023-241.68
- Net worth, FY 2023-243.55
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.