AMS Polymers discloses exemption from related party disclosure norms
AMS Polymers Limited reported that Regulation 23(9) related party disclosure is not applicable for Q4FY26 and FY26. The exemption follows the company's confirmation that its paid-up equity share capital and net worth remained below ₹10 crore and ₹25 crore respectively, satisfying the criteria under Regulation 15(2) of SEBI regulations.

*this image is generated using AI for illustrative purposes only.
AMS Polymers Limited has submitted a disclosure to the stock exchanges regarding the non-applicability of Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements), 2015. This regulation pertains to disclosures regarding related party transactions. The company stated that the exemption applies to the quarter and financial year ended March 31, 2026.
The notification cites Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements), 2015. This provision specifies that compliance with certain Corporate Governance norms, including those outlined in Regulations 17 to 27, does not apply to listed entities with specific financial thresholds. Specifically, the exemption is available to companies whose paid-up equity share capital does not exceed ₹10 crore and whose net worth does not exceed ₹25 crore as on the last day of the previous financial year.
In its communication, AMS Polymers Limited confirmed that neither its net worth exceeded ₹25 crore nor did its paid-up equity share capital exceed ₹10 crore. As a result, the company is not required to provide the disclosure relating to related parties under Regulation 23(9). The letter was signed by Dilshad Ahmed, Company Secretary & Compliance Officer, on May 23, 2026.
Financial Thresholds for Exemption
The company's eligibility for the exemption is based on the following financial parameters as on the last day of the previous financial year:
| Parameter | Threshold Limit | Company Status |
|---|---|---|
| Paid-up Equity Share Capital | ₹10 crore | Did not exceed |
| Net Worth | ₹25 crore | Did not exceed |
The disclosure was addressed to the Manager (Listing) at BSE Limited, with copies sent to the Ahmedabad Stock Exchange, Ludhiana Stock Exchange, and Delhi Stock Exchange Ltd.
Historical Stock Returns for Ams Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | -0.22% | +17.53% | +164.21% | +164.21% | +220.49% |
If AMS Polymers Limited's net worth or paid-up equity share capital crosses the SEBI threshold limits in the coming financial years, how prepared is the company to comply with full Corporate Governance disclosure requirements under Regulations 17 to 27?
What are the potential risks for minority shareholders of small-cap companies like AMS Polymers Limited that are exempt from related party transaction disclosures under Regulation 23(9)?
Could SEBI consider revising the financial thresholds for Corporate Governance exemptions under Regulation 15(2) to enhance transparency across a broader set of listed entities?































