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Oscar Global: Non-Applicability For Filing Of Related Party Transaction


With reference to the captioned subject we would like to apprise your good self that our company has a Paid-up Share Capital of Rs.3 29 18 000/- consisting of 32 83 600 fully paid-up equity shares of Rs. 10/- each and 16 400 partly paid-up equity shares of Rs.10/- each (Rs. 5/- each is paid-up) (less than stipulated Rs.10 crore) and Net Worth of the Company (last day of the previous Financial Year i.e. March 31 2021) was Rs. 1 78 63 672.66 (less than stipulated Rs. 25 crore).The requirement for filing of Related party transactions is not applicable on the Company as per Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as the 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.

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