AMALGAMATED ELECTRICITY CO.LTD. - Regulation 23(9)

As per Regulation 23(9) SEBI (Listing Obligations and Disclosure Requirements), every listed company shall be required to submit 'disclosures of related party transactions' within 30 days from the date of publication of its financial results for the half year. <BR> <BR> This is to inform you that, read with Regulation 15(2) of SEBI (LODR) Regulations, 2015, the above-mentioned provision shall not be applicable to our company as the Paid-up Share Capital is less than Rs. 10 Crore and Net Worth of the Company is less than Rs 25 Crores as on 31/03/2021. <BR> <BR> The Company, therefore, is not required to submit 'Disclosures of the Related Party Transaction as per Regulation 23(9) of SEBI (LODR) Regulations, 2015<BR>