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Blue Chip Tex Industries Ltd. - Non-Applicability Of Regulation 23(9) Of The SEBI (LODR) Regulations, 2015 - Disclosure Of Related Party Transactions.

| Updated on June 21, 2019 Published on June 21, 2019


This is inform you that as per regulation 15(2) of the SEBI (LODR) Regulations 2015, the compliance with the Corporate Governance provisions as specified in regulations 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 10 Crore 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 SEBI (LODR) Regulations, 2015 as the paid up equity capital of the Company is Rs. 1,97,05,000/- {Rupees One Crore Ninety Seven Lakhs Five Thousand Only) and Net Worth of the Company is Rs. 17,96, 88,868/- (Rupees Seventeen Crores Ninety Six Lakhs Eighty Eight Thousand Eight Hundred Sixty Eight only) as on Financial Year ended 31st March, 2019. Request you to take a note of the same as above.

Pdf Link: Blue Chip Tex Industries 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 21, 2019
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