Mayur Floorings exempt from related party transaction disclosure norms
Mayur Floorings Limited has informed the stock exchanges that Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to it. The company cited Regulation 15(2) of the regulations, noting that its paid-up equity share capital does not exceed ₹10 crore and its net worth does not exceed ₹25 crore as on the last day of the previous financial year. Consequently, the company is exempt from submitting disclosures related to related party transactions under this specific regulation.

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Mayur Floorings has confirmed that Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the entity. This regulation mandates the submission of disclosures regarding related party transactions for listed entities. The company stated that the exemption arises because its financial metrics fall below the thresholds specified in the regulations.
The disclosure was submitted to the stock exchange on May 25, 2026. The company cited Regulation 15(2) of the SEBI (LODR) Regulations, 2015, which provides exemptions from corporate governance provisions for certain listed entities based on their size. Specifically, the regulation states that compliance with provisions including Regulation 23(9) does not apply to entities meeting specific capital and net worth criteria.
The table below outlines the criteria that exempt Mayur Floorings from the regulation:
| S. No. | Particulars |
|---|---|
| 01 | The listed entity having paid up equity share capital not exceeding rupees ten crores and net worth not exceeding rupees twenty-five crores, as on the last day of the previous financial year; |
Pursuant to Regulation 15(2)(b) of the SEBI (LODR) Regulations, 2015, the provision of Regulation 23(9) related to the submission of related party transactions disclosure is therefore not applicable. The filing was signed by Mahavir N Sundrawat, Managing Director, on behalf of Mayur Floorings Limited.
Historical Stock Returns for Mayur Floorings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -1.71% | +43.36% | -0.22% | +33.75% | +358.75% |
How might the exemption from related party transaction disclosures affect investor confidence in Mayur Floorings' corporate governance standards?
What growth strategies could Mayur Floorings pursue to increase its paid-up capital and net worth beyond the regulatory thresholds?
Could this exemption lead to increased scrutiny from regulatory bodies or shareholders regarding potential conflicts of interest?





























