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Indo US Bio-Tech: Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations 2015

It may please note that as per Regulation 15(2) 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 having paid up equity share capital not exceeding rupees Ten Crores and Net worth not exceeding rupees Twenty-Five Crore as on the last day of the Previous financial year The Listed Entity which has listed its specified securities on the SME Exchange. Since our Company does not have paid up equity and Net Worth of minimum level as per above referred regulation and it is listed under BSE SME Platform Therefore our Company is not required to submit Related Party Transactions disclosure as required under Regulation 23(9) of the SEBI (LODR) Regulations 2015.

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