Half-yearly related party transaction disclosure rule not applicable to the company, tells BSE
Envair Electrodyne told BSE that the half-yearly related party transaction disclosure rule does not apply to it for the half year ended 30 September 2026, as its paid-up equity capital and net worth are below the stated thresholds.
By ScoutQuest · · 2 min read
- Paid-up equity capital
- Rs. 4,64,00,000 (as on 30 September 2026)
- Net worth
- Rs. 8,08,28,820 (as on 31 March 2026)
What the company told the exchange
Envair Electrodyne has written to BSE to say that the requirement to disclose related party transactions on a half-yearly basis does not apply to it for the half year ended 30 September 2026. The company has put this on record through a formal letter signed by its Managing Director.
Why it says the rule does not apply
The company has relied on the size-based exemption in the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Under that provision, the half-yearly related party transaction disclosure requirement applies only to listed companies whose paid-up equity share capital and net worth cross certain limits.
- Paid-up equity share capital as on 30 September 2026: Rs. 4,64,00,000, which the update states is less than Rs.10.00 Crores.
- Net worth as on 31 March 2026: Rs. 8,08,28,820, which the update states is less than Rs.25.00 Crore.
Because both figures are below the stated limits, the company says the half-yearly related party transaction disclosure requirement does not apply to it for this half year.
What this means in simple terms
- Related party transactions are dealings between a company and parties connected to it, such as promoters, directors or group companies. Exchanges normally ask for a half-yearly summary of such transactions from larger listed companies.
- Smaller companies below the prescribed capital and net worth limits are exempt from that particular half-yearly disclosure.
- This letter is a statement that the exemption applies to the company, supported by the two figures above.
How to read this
This is a compliance intimation about which disclosure requirement applies, rather than an update on the company's business or finances. The two figures it quotes are the capital and net worth thresholds that decide the exemption, and the company is confirming it sits below both.
Key points to note
- The paid-up equity share capital figure is stated as on 30 September 2026.
- The net worth figure is stated as on 31 March 2026.
- Both comparisons are drawn against the limits of Rs.10.00 Crores and Rs.25.00 Crore respectively.
- The letter is signed by Anil Nagpal, Managing Director.
More numbers
- Paid-up equity share capital as on 30 September 20264,64,00,000/-
- Paid-up capital limit citedRs.10.00 Crores
- Net worth as on 31 March 20268,08,28,820/-
- Net worth limit citedRs.25.00 Crore
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