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Rodium Realty Limited - Non-Applicability Of Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
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20 Nov 2021
As per Regulation 23(9) of SEBI (LODR) Regulations, 2015, every listed company shall submit &apos;disclosures of related party transactions on a consolidated basis&apos; within 30 days from the date of publication of its standalone and consolidated financial results for the half year.&lt;BR&gt; &lt;BR&gt; This is to inform you that, read with Regulation 15(2)(a) of SEBI (LODR) Regulations, 2015, Regulation 23(9) is applicable to only those listed entities having paid-up Equity Share Capital exceeding Rs. 10 Crores and Net Worth exceeding&lt;BR&gt; Rs. 25 Crores. The paid-up Equity Share Capital and Net Worth of the Company as on &lt;BR&gt; March 31, 2021, (latest audited balance sheet) was Rs. 3.24 Crores and Rs. 13.33 Crores respectively and which does not exceed the above threshold limits.&lt;BR&gt; The Company, therefore, is not required to submit &apos;Disclosures of the Related Party Transaction on a consolidated basis as per Regulation 23(9) of SEBI (LODR) Regulations, 2015.&lt;BR&gt; &lt;BR&gt; We request you to kindly take the same on record.&lt;BR&gt; &lt;BR&gt; &lt;BR&gt;
View all announcements for Rodium Realty Limited Source: BSE India