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Oswal Leasing: Non-Applicability Of Disclosure Under Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015- Disclosure Of Related Party Transactions On A Consolidated Basis For The Half Year Ended September 30 2021


We would like to inform you that pursuant to Regulation 15(2) of SEBI (LODR) Regulations 2015 the Compliances with the Corporate Governance provisions shall not apply in respect of the listed entity having paid up equity share capital not exceeding Rs. 10 crore & net worth not exceeding Rs. 25 crore as on the last day of the previous financial year.

Please take note that as per latest Audited Accounts of the Co. as at 31.03.2021 the paid up equity share capital of the Co. is Rs. 50 00 000/- & net worth of the Co. is Rs. 2 76 21 585/- which is below the threshold limit as specified under the said regulation.

Therefore Regulation 15(2) & 23(9) of SEBI (LODR) Regulations 2015 as amended are not applicable to our Co.

Hence Our Company is not required to submit Disclosure of Related Party Transactions on a consolidated basis for the half year ended 30.09.2021 as required under Regulation 23(9) of the SEBI(LODR)Regulations 2015.

This is for your information and record.

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