Intimates non-applicability of related party transaction disclosure under Regulation 23(9)
QGO Finance has told BSE that the related party transaction disclosure rule (Regulation 23(9)) does not apply to it, as it claims exemption under Regulation 15(2).
By ScoutQuest · · 1 min read
- Paid-up Equity Share Capital
- ~Rs. 6.95 crore
- Net Worth
- ~Rs. 21.15 crore for the year ended March 31, 2026
What the company has said
QGO Finance has written to BSE stating that the requirement to disclose related party transactions under Regulation 23(9) of the SEBI Listing Regulations is not applicable to it. The reason given is that the company is claiming exemption under Regulation 15(2) of the same regulations.
The figures it has cited
- Paid-up equity share capital: ~Rs. 6.95 crore (Rupees Six Crores Ninety-Five Lakh and Twenty-Eight Thousand Only).
- Net worth: ~Rs. 21.15 crore (Rupees Twenty-One Crore Fourteen Lakh Fifty-Nine Thousand One Hundred Sixty-Three Only) for the year ended March 31, 2026.
The company states that these figures do not exceed the limit specified in Regulation 15 of the SEBI Listing Regulations. On that basis it says compliance with the related party transaction disclosure requirement under Regulation 23(9) is not applicable to it, and it has asked BSE to update its records.
What this means in simple terms
- This is a note to the exchange about which disclosure rule applies to the company, not about any transaction, order, result or corporate action.
- The company is placing itself in a size-based exemption category in the listing rules, and has given its paid-up capital and net worth as the basis for that position.
- Regulation 23(9) relates to disclosure of related party transactions. By claiming the exemption, the company is saying that particular disclosure requirement does not apply to it.
What a reader can take away
The letter contains two checkable figures, the paid-up equity share capital of ~Rs. 6.95 crore and the net worth of ~Rs. 21.15 crore for the year ended March 31, 2026, and a statement of how the company reads its obligations under the listing rules.
Also from QGO Finance
Board meeting on 30 October 2026 to consider NCD lock-in date revision and fresh NCD issue
27 Oct 2026
Board approves Q2 results, second interim dividend of Rs. 0.15 per share and unsecured NCD issuance
26 Oct 2026
New Company Secretary and Compliance Officer from October 27, 2026; second interim dividend declared
26 Oct 2026
More numbers
- Paid-up equity share capitalRs. 6,95,28,000/-
- Net worth for year ended March 31, 2026Rs. 21,14,59,163
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