BABA ARTS LTD. - Non Applicability Of Corporate Governance
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| 17 Nov 2021 | |
| This is to certify that, the paid-up share capital of Baba Arts Limited is less than Rs.10 Cr. i.e. Rs.5,25,00,000/- and net worth of the Company is less than Rs.25 Cr. i.e. Rs.19,37,77,086/- for the year ended 31.03.2021.<BR> Accordingly, pursuant to Regulation 15(2) of the Listing Regulations provisions of Regulation 17, 17A, 18, 19, 20,21,22,23,24,24A,25,26 and Clauses (b) to (i) and (t) of Sub Regulation (2 ) of Regulation 46 and Para C, D and E of Schedule V are not applicable to the Company.<BR> Further, the Company is not required to submit Corporate Governance Report.<BR> However, the Company has been submitting Corporate Governance Report under Regulation 27(2) of the Listing Regulations on voluntary basis.<BR> The Company also undertakes that whenever this regulation becomes applicable to our Company at a later date, the Company will comply with requirements of the above regulations within six months from the date on which the provisions become applicable to the Company.<BR> <BR> | |
| View all announcements for BABA ARTS LTD. | Source: BSE India |
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