Nidhi Granites promoters purchase equity shares via open market

Nidhi Granites disclosed that its promoters have acquired 300 equity shares through open market purchases. The transaction involved key personnel including the Managing Director, Chief Financial Officer, and a Director, signaling confidence in the company's prospects.

The intimation regarding the purchase was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing detailed the specific number of shares acquired by each promoter.

Breakdown of Share Purchases

The following table outlines the equity shares acquired by the promoters:

Name	Designation	No. of Equity Shares Acquired
Mr. Darpan Shah	Managing Director	100
Mrs. Kavita Shah	Chief Financial Officer	100
Mrs. Shreya Pandya	Director	100

The company requested the exchange to disseminate this information under the “Corporate Announcement” section on its website. The filing was digitally signed by Company Secretary Krinisha Sanghvi on June 25, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.03%	-12.90%	+4.97%	-10.80%	+106.66%	+900.00%

Nidhi Granites Limited has informed the stock exchanges that it is exempt from complying with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates disclosures of related party transactions on a consolidated basis. This exemption stems from the company's size, specifically because its paid-up equity share capital is less than ₹10.00 crore and its net worth is less than ₹25.00 crore as of March 31, 2026. Consequently, the company is not required to submit these specific disclosures to the exchanges.

The disclosure was made pursuant to Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides that certain corporate governance requirements do not apply to listed entities that meet specific small-size criteria. As a result of falling below the financial thresholds for paid-up capital and net worth, the company is relieved of the obligations specified in several regulations, including the requirement to disclose related party transactions under Regulation 23(9).

Financial Thresholds as of March 31, 2026

The company confirmed its financial position relative to the regulatory limits for exemption.

Parameter	Amount	Regulatory Limit for Exemption
Paid-up Equity Share Capital	Less than ₹10.00 crore	Less than ₹10.00 crore
Net Worth	Less than ₹25.00 crore	Less than ₹25.00 crore

Due to these figures, the compliance with corporate governance provisions specified in Regulations 17 to 27, along with specific clauses of Regulation 46 and Schedule V, does not apply to the company. The filing was signed by Krinisha Sanghvi, Company Secretary, on May 29, 2026.