Regulation 23(9) related party disclosure not applicable to the company, says BSE update
West Leisure Resorts has told BSE that Regulation 23(9) on related party transaction disclosure does not apply to it for the half year ended 30.9.2026.
By ScoutQuest · · 1 min read
- Paid-up Equity Share Capital (as on 31.3.2026)
- Rs 305.33 Lakhs
- Net Worth (as on 31.3.2026)
- Rs. 1994.42 Lakhs
- Half Year Ended
- 30.9.2026
What the company has stated
West Leisure Resorts has written to BSE that Regulation 23(9) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 is not applicable to it for the half year ended 30.9.2026. The reason given is Regulation 15(2), which the company says exempts it because its paid-up equity share capital and net worth as on the last day of the previous financial year, 31.3.2026, were below the limits specified in that regulation.
The two figures certified
- Paid-up equity share capital as on 31.3.2026: Rs 305.33 Lakhs
- Net worth as on 31.3.2026: Rs. 1994.42 Lakhs
Both figures are described by the company as below the threshold limits under Regulation 15(2).
What Regulation 23(9) usually requires
Under this regulation, listed companies that fall within its scope file a half-yearly disclosure of related party transactions, on a consolidated basis, within the timelines set out in the regulations. A company that is exempt under Regulation 15(2) does not have to file that statement.
What the company has done
The letter is a declaration and certification signed by Bhaviika Jain, Company Secretary & Compliance Officer, that the company is not required to submit the "Disclosure of the Related Party Transactions" under Regulation 23(9) for the half year ended 30.9.2026.
What this means for investors
This is a procedural communication. It tells the exchange why the company is not update a related party transaction disclosure for the half year, and puts on record the capital and net worth figures it is relying on. The certification rests on the company's own paid-up equity share capital and net worth as on 31.3.2026 staying below the Regulation 15(2) limits.
Also from West Leisure Resorts
Additional Director appointed, Non-Executive Director resigns; two committees reconstituted
30 Oct 2026
Board change: Swapan Mahendra Sawant appointed Additional Director, Radha Chotalia resigns
30 Oct 2026
Board approves unaudited Sept 2026 results; auditor review finds no material misstatement
30 Oct 2026
More numbers
- Paid-up equity share capital as on 31.3.2026Rs 305.33 Lakhs
- Net worth as on 31.3.2026Rs. 1994.42 Lakhs
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