Regulation 23(9) related party transaction disclosure not applicable to company, BSE told
The company has told BSE that the related party transaction disclosure under Regulation 23(9) of SEBI (LODR) Regulations, 2015 is not applicable to it.
- RPT Disclosure Applicability
- Regulation 23(9) of SEBI (LODR) Regulations, 2015 disclosure not applicable to it
- Related Party Transactions
- no related party transactions on a standalone basis
- Corporate Structure
- no holding, subsidiary or joint venture; financials standalone only
The company has written to the exchange about one specific disclosure rule and why it says the rule does not apply to it.
What the letter says
- The related party transaction disclosure required under Regulation 23(9) of SEBI (LODR) Regulations, 2015 is not applicable to the company, in its stated view.
- Its stated reason is that it has no related party transactions on a standalone basis.
- It states that its financials are prepared on a standalone basis only.
- It further states that it has no holding company, subsidiary, joint venture or any related party transactions.
- It says the non-applicability of related party transactions was already disclosed in the Corporate Governance report it shared for the quarter ended September 30th, 2026.
The letter is signed by V.S.R. Sastry, Director & COO & Compliance Officer, and is dated 09.10.2026.
What a related party transaction is
A related party transaction is any dealing between the company and someone closely connected to it, such as promoters, directors, group companies or their relatives. Because such dealings can affect minority shareholders, listed companies normally have to report them to the exchanges in a set format.
What the company is asking for
The company has asked the exchange to take this position on record. In its own words, submitting the related party transaction disclosure is therefore not required of it.
How to read this
- This is a clarification about the applicability of a disclosure requirement, based on the company's own stated position on its related party dealings and its corporate structure.
- It is not a communication about business performance, orders, or money raised.
- The company's stated position is that its financials are standalone only and that it has no holding company, subsidiary or joint venture.
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