Declaration that Reg 23(9) related party transaction disclosure is not applicable
Indobell Insulations has told BSE that the half-yearly Disclosure on Related Party Transactions for the half year ended 30th September, 2026 does not apply to it.
By ScoutQuest · · 1 min read
- Paid-up Equity Share Capital (2025-26)
- 6.30 (Rs. In Crores)
- Net Worth (2025-26)
- 16.22 (Rs. In Crores)
- SME Exemption Thresholds Cited
- paid-up capital not exceeding Rs. 10 Crores and net worth not exceeding Rs. 25 Crores
What the company said
Indobell Insulations has informed BSE that the Disclosure on Related Party Transactions for the half year ended 30th September, 2026 under Regulation 23(9) is not applicable to the company.
The reason stated is that it is a listed entity whose specified securities are listed on the SME Exchange platform, where paid-up capital does not exceed Rs. 10 Crores and net worth does not exceed Rs. 25 Crores on the last day of its financial year. On that basis the company states it is exempt from submitting the related party transaction disclosure for that half year.
Auditor certificate attached
A certificate from the Statutory Auditor, Bandyopadhyay & Dutt, Chartered Accountants, sets out paid-up equity share capital and net worth as per audited financial statements:
- 2025-26: paid-up equity share capital 6.30 (Rs. In Crores), net worth 16.22 (Rs. In Crores)
- 2024-25: paid-up equity share capital 6.30 (Rs. In Crores), net worth 15.46 (Rs. In Crores)
- 2023-24: paid-up equity share capital 4.095 (Rs. In Crores), net worth 5.67 (Rs. In Crores)
Why this disclosure exists
Related party transaction disclosures let investors see dealings between a company and its promoters, group companies or other related parties. Here the company's position is that the SME-platform thresholds cover it, so this half-yearly disclosure does not arise, and the auditor certificate places both paid-up capital and net worth below those stated thresholds.
What it is not
This is a declaration about which disclosure requirement applies to the company. It is a routine secretarial communication to the exchange.
Also from Indobell Insulations
Board meeting on 26 October 2026 to consider and approve unaudited results for half year ended 30 September 2026
6 Oct 2026
More numbers
- Paid-up equity share capital, FY2025-26 (Rs. In Crores)6.30
- Net worth, FY2025-26 (Rs. In Crores)16.22
- Paid-up equity share capital, FY2024-25 (Rs. In Crores)6.30
- Net worth, FY2024-25 (Rs. In Crores)15.46
- Paid-up equity share capital, FY2023-24 (Rs. In Crores)4.095
- Net worth, FY2023-24 (Rs. In Crores)5.67
- Paid-up capital threshold cited for SME-listed companiesRs. 10 Crores
- Net worth threshold cited for SME-listed companiesRs. 25 Crores
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