United Textiles Exempt From Related Party Transaction Reporting

1 min read     Updated on 19 May 2026, 06:04 PM
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United Textiles Limited is exempt from disclosing related party transactions under SEBI LODR Regulation 23(9) due to its small size. The company qualifies for this relief under Regulation 15(2) as its paid-up capital does not exceed ₹10 Crore and net worth does not exceed ₹25 Crore.

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United Textiles Limited has announced an exemption from the disclosure requirements for related party transactions under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this compliance status to BSE Limited, citing specific regulatory provisions that allow for this relief based on its financial scale.

Regulatory Exemption Details

Under Regulation 23(9) of the SEBI (LODR) Regulations, 2015, a listed entity is generally required to disclose its related party transactions on the date of publication of its financial results. However, United Textiles Limited stated that this requirement is not applicable to the company. The exemption is derived from Regulation 15(2) of the same regulations, which provides relief from certain corporate governance norms for smaller listed entities.

Criteria for Exemption

The applicability of the exemption under Regulation 15(2) is determined by the company's paid-up equity share capital and net worth. The regulation specifies that compliance with several provisions, including those outlined in regulations 17 to 27 and specific clauses of regulation 46, does not apply to listed entities meeting specific size criteria.

Financial Metric Threshold Limit
Paid-up equity share capital Not exceeding ₹10 Crore
Net worth Not exceeding ₹25 Crore

These limits are assessed as on the last day of the previous financial year. By meeting these conditions, United Textiles Limited is not required to adhere to the related party transaction disclosure mandates that are obligatory for larger entities.

The disclosure was signed by Vivek Aggarwal, Whole Time Director of United Textiles Limited, on May 19, 2026.

If United Textiles Limited's paid-up equity share capital or net worth crosses the ₹10 crore or ₹25 crore thresholds respectively, how quickly would the company need to comply with full SEBI LODR disclosure requirements?

How might the lack of mandatory related party transaction disclosures affect minority shareholder confidence and institutional investor interest in United Textiles Limited?

Are there plans by SEBI to revise the financial thresholds under Regulation 15(2), and could stricter criteria potentially bring more small-cap companies like United Textiles under full compliance obligations?

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United Textiles Limited Schedules Board Meeting on May 29, 2026 to Approve Q4FY26 Audited Results

1 min read     Updated on 06 May 2026, 12:06 PM
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United Textiles Limited has scheduled a Board of Directors meeting on May 29, 2026, at 3:00 PM at its registered office in Hisar, Haryana, to consider audited financial results for the quarter and year ended March 31, 2026. The meeting has been convened under Regulation 29 read with Regulation 47 of the SEBI (LODR) Regulations, 2015. The trading window for the company's securities will remain closed from March 31, 2026, until 48 hours after the declaration of results, in compliance with insider trading norms. The intimation was filed with BSE Limited and signed by Whole Time Director Vivek Aggarwal.

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United Textiles Limited has notified BSE Limited of a forthcoming Board of Directors meeting, scheduled pursuant to Regulation 29 read with Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The meeting is set to be held on Friday, May 29, 2026, at 3:00 PM at the company's registered office located at 7th K.M. Stone, Barwala Road, Hisar-125 001, Haryana. The primary agenda of the meeting is to consider and take on record the audited financial results for the quarter and year ended March 31, 2026.

Board Meeting Details

The following table outlines the key details of the scheduled board meeting:

Parameter: Details
Meeting Date: Friday, May 29, 2026
Meeting Time: 3:00 PM
Venue: 7th K.M. Stone, Barwala Road, Hisar-125 001, Haryana
Agenda: Audited Financial Results for Quarter/Year Ended March 31, 2026
Regulatory Reference: Regulation 29 read with Regulation 47, SEBI (LODR) Regulations, 2015
Intimation Date: May 5, 2026

Trading Window Closure

In compliance with the company's Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of United Textiles Limited will remain closed from March 31, 2026, until 48 hours after the declaration of the financial results. This measure is in accordance with applicable insider trading regulations to ensure fair and equitable access to material financial information.

Regulatory Compliance and Disclosure

The intimation was submitted to BSE Limited and signed by Vivek Aggarwal, Whole Time Director (DIN: 07079208), on behalf of United Textiles Limited. The company has also made the relevant information available on its official website at https://unitedtextileslimited.in and on the BSE website at www.bseindia.com , in line with its disclosure obligations under the SEBI listing framework.

How might United Textiles Limited's audited financial results for FY2026 compare to the previous year's performance, given the current challenges facing India's textile sector?

Will the board meeting on May 29, 2026 also consider dividend declarations or any capital allocation decisions alongside the financial results?

How could the extended trading window closure from March 31, 2026 until 48 hours post-results impact retail investor sentiment and stock liquidity for United Textiles Limited?

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