Related party transaction disclosure not applicable for the half-year ended September 30, 2026
Megri Soft has told exchanges that related party transaction disclosure rules do not apply to it for the half-year ended September 30, 2026.
- Paid-up Equity Share Capital
- Rs. 3,14,07,000
- Net Worth (Standalone)
- Rs. 22.54 crore as on March 31, 2026
- Net Worth (Consolidated)
- Rs. 22.82 crore as on March 31, 2026
What the company has informed the exchanges
Megri Soft Limited has informed BSE and the Metropolitan Stock Exchange of India Limited that the requirement to disclose related party transactions is not applicable to it for the half-year ended September 30, 2026.
The company has relied on Regulation 15(2)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, under which the corporate governance provisions specified in Regulations 17 to 27 do not apply to a listed entity whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. Since Regulation 23 does not apply, the requirement to disclose related party transactions under Regulation 23(9) also does not apply, and the company has stated it is not required to submit that disclosure for this period.
The figures the company has quoted
- Paid-up equity share capital: Rs. 3,14,07,000
- Net worth on a standalone basis: Rs. 22.54 crore
- Net worth on a consolidated basis: Rs. 22.82 crore
- These figures are stated as on the last day of the previous financial year, that is 31st March, 2026.
The paid-up equity share capital of Rs. 3,14,07,000 is below the Rs. 10 crore level mentioned in the exemption, and the net worth figures of Rs. 22.54 crore (standalone) and Rs. 22.82 crore (consolidated) are below the Rs. 25 crore level mentioned.
What this means in simple terms
- Listed companies normally publish, every half year, a list of transactions entered into with related parties such as promoters, group companies or key managerial persons, along with the amounts involved.
- A company whose paid-up equity share capital and net worth are both within the limits stated above is exempt from that requirement and from the other corporate governance provisions covered by Regulations 17 to 27.
- Based on its capital and net worth as on 31st March, 2026, the company has stated that this exemption applies to it for the half-year ended September 30, 2026.
Who has signed it
The letter is signed by Saloni Garg, Company Secretary and Compliance Officer, and is dated October 8, 2026, from Chandigarh.
For a reader tracking this company, the key point is that the company has explained why this particular half-yearly disclosure is not being made, and has supported it with its paid-up equity share capital and net worth figures as on 31st March, 2026.
More numbers
- Paid-up equity share capitalRs. 3,14,07,000
- Net worth (standalone)Rs. 22.54 crore
- Net worth (consolidated)Rs. 22.82 crore
- Paid-up equity share capital limit for exemptionRs. 10 crore
- Net worth limit for exemptionRs. 25 crore
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