News Announcement

Axel Polymers: Non-Applicability Of Regulation 23(9) Of SEBI (LODR) (Amendment) Regulations 2018 For The Half Year Ended On 31.03.2021

Dear Sir/ Madam

Ref. Disclosures of Related Party Transaction on a Consolidated basis.

This is to inform you that pursuant to the Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and the provisions of the Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended is not applicable to the Company as the Paid up Equity Share Capital of the Company is less that Rs. 10.00 Crores and Net worth of the Company is less than Rs. 25.00 Crore as on 31st March 2021.

We request you to take the above submission on record.

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