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Jayatma Industries: Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations 2015.


As per Regulation 23(9) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 every listed company shall be required to 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.

This is to inform you that read with Regulation 15(2) of Securities and Exchange Board of India ((Listing Obligations and Disclosure Requirements) Regulations 2015 the above requirement shall not be applicable to our company as the Paid-up Share Capital is less than Rs. 10 Crore and Net Worth of the Company is less than Rs. 25 Crores as on 30/09/2021.

The Company therefore is not required to submit Disclosures of the Related Party Transaction on a consolidated basis as per Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.

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