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Shree Om Trades Ltd. - Announcement Under Regulation 30 Of SEBI (LODR), 2015

| Updated on May 30, 2019 Published on May 30, 2019

Dear Sir,

With reference to the subject captioned above, we would like to state that SEBI vide its circular no. CIR/ CFD/ CMD1/ 27/ 2019 dated 8th February, 2019 have prescribed the submission of Annual Secretarial Compliance Report by listed entities on compliance of all applicable SEBI Regulations and circulars / guidelines issued there under and the report shall be submitted to the Stock Exchange within 60 days from the end of the Financial Year.

Further circulars issued by the SEBI in this regard i.e. circular no. LIST/COMP/10/ 2019- 20 and LIST/COMP/12/ 2019-20 dated 9th May, 2019 and 14th May, 2019 respectively have clarified that the above mentioned compliance is not applicable to Listed entities falling under the category of Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement), 2015.

In this regard we respectfully claim exemption under Regulation 15(2) of SEBI (LODR) Regulation, 2015 as our company falls under the criteria as specified under Regulation 15(2) of SEBI (LODR) Regulation, 2015 as the Paid up share Capital and Net Worth of the company as on March 31, 2018 is Rs.4,56,90,000 (Rupees Four Crores fifty six lacs ninety thousand) and Net worth of Rs.14,93,12,780/- ( Rupees Fourteen Crore Ninety Three Lac Twelve Thousand Seven Hundred Eighty only) respectively.

The Company is therefore not required to comply with the provisions of Regulation 24(A) of SEBI (Listing Obligations and Disclosure Requirement)(Amendment) Regulation, 2018 and thus not required to submit Annual Secretarial Compliance Report.

Kindly treat the same as Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.


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Source : BSE - www.bseindia.com

Published on May 30, 2019
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