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Oswal Overseas: Non-Applicability Of Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015


Pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Compliance with the provisions as specified in regulations 17 to 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 and Para C D and E of Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 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.This is to inform you that the paid up Equity Share Capital and Net worth of the Company as on 31st March 2022 was Rs. 6 46 10 500/- and Rs. 16 64 77 313/- respectively.Hence the provision of Regulation 23(9) of SEBI (LODR) (Amendment) Regulations 2018 is not applicable to our Company.

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