Non-applicability of related party transaction disclosures for the half year ended 30.09.2026
Shivamshree Businesses has told BSE that the half-yearly related party transaction disclosure rule does not apply to it for the half year ended 30.09.2026.
By ScoutQuest · · 2 min read
- Paid-up Equity Share Capital
- Rs.7.57 crore as on 31 March 2026
- Net Worth
- Rs.8.27 crore as on 31 March 2026
- Exemption Thresholds
- Rs.10 Crores (capital) and Rs.25 Crores (net worth)
Why the rule is being said to not apply
Shivamshree Businesses Ltd has written to BSE about the half year ended 30.09.2026, stating that Regulation 23(9) of the SEBI (LODR) Regulations, 2015 does not apply to it for that period. This is the regulation that requires listed companies to publish disclosures of related party transactions twice a year.
The company relies on Regulation 15(2), under which a set of corporate governance provisions does not apply to a listed entity whose paid-up equity share capital and net worth are below prescribed limits as on the last day of the previous financial year.
Its stated numbers
- Paid-up equity share capital: Rs.7.57 crore (Rupees Seven Crore Fifty-Six Lakh Fifty Thousand), against a stipulated threshold of Rs.10 Crores
- Net worth: Rs.8.27 crore (Rupees Eight Crore Twenty-Six Lakh Eighty-Nine Thousand), against a stipulated threshold of Rs.25 Crores
- Both figures are stated as on the last day of the previous financial year, being March 31, 2026
What a related party transaction is
- It is a deal between the company and someone connected to it, such as promoters, directors, their relatives or group companies.
- Companies above the size limits must disclose such transactions every half year. Below the limits, this particular disclosure requirement does not apply.
- The company has certified that it is below both limits, so it is not submitting the related party transaction disclosures for the half year ended 30.09.2026.
What the letter records
- The certification is signed by Managing Director Prafulbhai Parshottambhai Bavishiya.
- The company has asked BSE to take the same on record.
How a reader can use it
- The letter is about which disclosure rule applies to the company based on its size, and it quotes the paid-up capital and net worth as on March 31, 2026, the last day of the previous financial year.
- It relates specifically to the half year ended 30.09.2026.
Also from Shivamshree Businesses
Standalone Q2 results approved; director resigns; limited review finds no material misstatement
22 Oct 2026
Board meeting on 22 October 2026 to consider September quarter and half year results
17 Oct 2026
Kavita Kothari Appointed Whole-Time Company Secretary and Compliance Officer
29 Sep 2026
More numbers
- Paid-up equity share capitalRs.7,56,50,000/-
- Net worthRs.8,26,89,000/-
- Stipulated paid-up equity share capital thresholdRs.10 Crores
- Stipulated net worth thresholdRs.25 Crores
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.