Company Update

Adinath Textiles is exempt from submitting its Related Party Transaction Report for the half-year ended March 31. This is because its paid-up equity capital is Rs. 6.81 Crore and net worth is Rs. 3.02 Crore, both falling below the specified thresholds for certain corporate governance regulations.

This exemption streamlines compliance for the company as a smaller entity.

The company affirms it will adhere to these provisions should its financial metrics surpass the current limits in the future.