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Neelkanth Rockminerals Ltd. - Sub: Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations, 2015 For The Half Year Ended On 31.03.2019.

| Updated on June 28, 2019 Published on June 28, 2019

With reference to the captioned subject, we inform that pursuant to regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the provisions of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, is not applicable to the Company as the Paid up Share Capital is less than Rs. 10 Crores and Net Worth of the Company is less than Rs. 25 Crores as on 31.03.2019.

As per Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the compliance with the Corporate Governance provisions as specified in Regulations 1 7, 1 7 A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) of sub regulation 2 of Regulation 46 and Para C, D and E of Schedule V shall not apply.

Hence, the Company is not required to submit "Disclosures of the Related Party Transaction on a consolidated basis as per Regulation 23(9) of SEBI (LODR) Regulations, 2015."


Pdf Link: Neelkanth Rockminerals Ltd. - Sub: Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations, 2015 For The Half Year Ended On 31.03.2019.

Source : BSE - www.bseindia.com

Published on June 28, 2019
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