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Bajaj Global: Non-Applicability Of Disclosure Under Regulation 23(9) Of SEBI (LODR)Regulations 2015


Pursuant to Regulation 15 (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Compliance with the Corporate Governance provisions as specified in Regulations 17 to 27 and clause (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 rupees ten crore and net worth not exceeding rupees twenty-five crore as on the last day of the Previous Financial Year.It may be further noted that neither the paid-up share capital of the company is exceeding Rs. 100 000 000/- (Rupees Ten Crores) nor the net worth of the company is exceeding Rs. 250 000 000/- (Rupees Twenty Five Crores). Thus the disclosure relating to the related party under Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 is not applicable.You are requested to take the above information in your records.

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