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Olympic Cards: Announcement Under Regulation 30(LODR)-Updates (Reminder For Clarification Requested Regarding Non-Applicability Of C.G.Report.


In our letter No. OCL/BSE/2021-22/16 dated 28th April 2021 we sought your clarification as to whether the exemption from the provisions relating to Corporate Governance as per Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 is not applicable to our company since our company is having paid up Equity Share Capital of Rs.16 30 87 000/- and Net Worth is Rs.16 56 01 693/- as on the last day of the previous financial year viz.as on 31.03.2021.
Hence we presume that the provisions of Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 are not applicable to our company
In view of the above we request you to kindly confirm whether our above stand is correct under the Non-Applicability of Corporate Governance Report.

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