SJ Corporation has informed that as per Regulation 23(9) of SEBI (LODR) Regulations, 2015 every listed Company shall be required to submit disclosures of related party transactions within 30 days from the date of publication of its financial results for the half year. Read with Regulation 15(2) of SEBI (LODR) Regulations, 2015, the above-mentioned provision shall not be applicable to the company as the Paid-up Share Capital is less than Rs 10 Crore and Net Worth of the Company is less than Rs 25 Crores as on 31/03/2022. The Company, therefore, is not required to submitted ‘Disclosures of the Related Party Transaction as per Regulation 23(9) of SEBI (LODR) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.