Niraj Ispat Industries LimitedNIRAJISPATNSE
Non-applicability of Related Party Transactions Provisions of Regulation 23(9)
As filed · Non-applicability of Related Party Transactions Provisions of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.
GovernanceMinormateriality 45 out of 100
What happened
FactNon-applicability of Related Party Transactions Provisions of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. Which is below Rs.10 Crores and 25 Crores respectively, as on the financial year ended 31st March.
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%