Simplex Papers Ltd — Updates, 21-05-2025: Company Update

Simplex Papers Limited has announced that Regulation 23(9) regarding disclosure of related party transactions is currently not applicable, as its paid-up equity share capital and net worth are below the prescribed thresholds. The company’s equity share capital stands at ₹3.00 Cr and net worth is negative at ₹(12.05) Cr. The company will comply with this disclosure requirement once it becomes applicable, ensuring transparency for shareholders when thresholds are met.