Phantom Digital Effects Limited — Others, 13-11-2024: Related Party Transactions

Phantom Digital Effects Limited has clarified that the disclosure of Related Party Transactions under SEBI regulations is not applicable for the half-year ended 30 September 2024, as the company is listed on the SME Exchange. This aligns with the compliance provisions of corporate governance that do not require such disclosures for entities in this category.

This update may provide the company with operational flexibility, reducing compliance burdens. For investors, this indicates a stable governance framework with potential positive outlook, as it can focus on growth without additional disclosure constraints that might affect operational transparency.