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GUJARAT PETROSYNTHESE LTD. - Intimation About Applicability Of Regulation 27(2) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
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15 Apr 2021
With respect to the captioned subject matter, request you to take note that the paid-up Equity Capital of Gujarat Petrosynthese Limited (&apos;the Company&apos;) is below Rs. 10 Crores, However the Net worth of the Company has crossed threshold limit of Rs. 25 Crores as on the last day of the previous financial year ended March 31, 2021.&lt;BR&gt; &lt;BR&gt; Considering the above mentioned facts, Company have to comply with Provisions of Corporate Governance Regulations mentioned under regulations 17, 17A,18, 19, 20, 21,22,23, 24, 24A, 25, 26, 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 and para C , D and E of Schedule V for Financial Year 2021-22.&lt;BR&gt; &lt;BR&gt; The Company is in process to comply with above mentioned Corporate Governance regulations in true letter and spirit for financial year 2021-22.&lt;BR&gt; &lt;BR&gt; Request you to kindly take the same on your record.
View all announcements for GUJARAT PETROSYNTHESE LTD. Source: BSE India