As per Regulation 23(9) of SEBI (LODR) Regulations, 2015, every listed company shall submit 'disclosures of related party transactions on a consolidated basis' within 30 days from the date of publication of its standalone and consolidated financial results for the half year.<BR> <BR> 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<BR> Rs. 25 Crores. The paid-up Equity Share Capital and Net Worth of the Company as on <BR> 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.<BR> The Company, therefore, 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.<BR> <BR> We request you to kindly take the same on record.<BR> <BR> <BR>
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