Southern Infosys Ltd - Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations, 2015

AS PER REGULATION 15(2), THE COMPLIANCE WITH REGARD TO RELATED PARTY TRANSACTIOM UNDER REGULATION 23(9) OF SEBI LODR 2015 IS NOT APPLICABLE TO THE COMPANY AS THE COMPANY HAVE 5.02 CRORE AND 5.56 CRORE OF PAIDUP EQUITY SHARE CAPITAL AND NET WORTH RESPECTIVELY, WHICH IS LESS THAN THE PRESCRIBED LIMIT. WE WILL FURTHER INFORM WHEN THIS REGULATION BECOME APPLICABE WITHIN SIX MONTHS OF SUCH EVENT,