Regulation 23(9) related-party disclosure stated as not applicable for half year ended 30.09.2026
Pan Electronics India has told BSE that Regulation 23(9) of LODR — the half-yearly related-party transaction disclosure — does not apply to it for the half year ended 30.09.2026.
- Paid-up equity share capital
- Rs. 4 crore
- Net worth
- Rs. 28,49,25,396
- Figures stated as on
- 31.03.2026
What the company has told the exchange
Pan Electronics (India) Limited has informed BSE that Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the half year ended 30.09.2026. It says that, as a result, it is not required to submit the disclosure of related-party transactions on a consolidated basis under that regulation.
The figures it gives
- Paid-up equity share capital: Rs. 4 crore
- Net worth: Rs. 28,49,25,396, printed in the letter as INR. (28,49,25,396)
Both figures are stated as on 31.03.2026. The letter states that the paid-up equity share capital does not exceed 10 Crore and that the net worth does not exceed Rs. 25 Crore.
The exemption it relies on
Regulation 15(2) of the LODR Regulations, 2015 is cited as the basis. The company says compliance with the related-party transaction provisions specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26 and 27, clauses (b) to (i) of sub-regulation (2) of Regulation 46, and Para C, D and E of Schedule V shall not apply to it.
What Regulation 23(9) is
It is the provision under which listed companies disclose related-party transactions on a consolidated basis for each half year. The company is stating that this requirement does not apply to it for the half year ended 30.09.2026.
What this means for a retail investor
- This is a periodic compliance intimation, not news about orders, production, sales or profits.
- It is about which disclosure rules apply to the company, based on its stated paid-up equity share capital and net worth.
- The letter is dated 11th October, 2026 and is signed by Gullu Gellaram Talreja, Managing Director.
More numbers
- Paid-up equity share capitalINR 4,00,00,000
- Net worth28,49,25,396
- Paid-up equity share capital threshold cited10 Crore
- Net worth threshold citedRs. 25 Crore
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