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Anshuni Commercials Ltd. - Non-Applicability Of Regulation 23(9) Of The SEBI (LODR) Regulations, 2015-Disclosure Of Related Party Transactions

| Updated on June 24, 2019 Published on June 24, 2019

This is with reference to Regulation 15 (2) of the SEBI (LODR) Regulation 2015, which is in compliance with the corporate governance provisions as specified in regulation 17, 17A,18,19,20,21,22,23,24,24A,25,26,27 and clause (b) to (i) of sub regulation (2) of regulation 46 and para C,D and E of schedule V shall not apply in respect of:

1. The listed entity having paid up equity share capital not exceeding rupees ten crores and
2. The listed entity having net worth not exceeding rupees twenty five crores, as on the last day of the previous financial year

Accordingly, the Company is not required to submit the Related Party Transaction Disclosures as required under regulation 23(9) of SEBl (LODR), Regulations, 2015 as the paid up equity capital of the Company is Rs. 24,00,000 /- {Rupees Twenty four lakh only) and Net Worth of the Company is Rs.1,88,81,000/- (Rupees One crore eighty eight Lakh eighty one thousand only-) as on Financial Year ended 31st March, 2019.

Pdf Link: Anshuni Commercials Ltd. - Non-Applicability Of Regulation 23(9) Of The SEBI (LODR) Regulations, 2015-Disclosure Of Related Party Transactions

Source : BSE - www.bseindia.com

Published on June 24, 2019
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