VR Logo

Prashant India: Non Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations 2015


As per Regulation 15 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the compliance with the corporate Governance provisions as specified in 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 shall not apply in respect of-The listed entity having Paid up equity share capital not exceeding Ten Crore and Net Worth not exceeding Rupees Twenty Five Crore as of the last day of the Previous Financial Year. Prashant India having its registered office at Block No. 456 Palsana Char Rasta Palsana Dist Surat-394315 Gujarat India falls within the ambit of the aforesaid exemption compliance with the Corporate Governance Provisions specified in the aforesaid Regulations shall not be applicable to the Company.

Click here to view PDF