Non-applicability of disclosure of Related Party Transactions specified under Reg
As filed · NRB Industrial Bearings Limited has informed the Exchange about Non-applicability of disclosure of Related Party Transactions specified under Reg. 23(9) in SEBI (Listing Obligations and Disclosure Req
GovernanceMinormateriality 45 out of 100
What happened
FactNon-applicability of disclosure of Related Party Transactions specified under Reg. Equity Share Capital is less than Rs.10 Crore and Net Worth of the Company is less than Rs. 25 Crore. submit the disclosure of Related Party Transaction for the Quarter and six months ended 30th.
Why it matters
CapitSignal interpretationValue moving between the company and entities its promoters control is a route by which minority shareholders can be diluted economically without dilution of shares.
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Fact- Size of the transaction relative to revenue
- Whether it was approved by the audit committee
- Whether the pricing basis is disclosed
Evidence
How CapitSignal classified this
- Reasoning:
- RELATED_PARTY_TRANSACTION base 40; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%