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Bombay Cycle & Motor Agency informs about non-applicability of annual secretarial compliance report

20 May 2021 Evaluate

Bombay Cycle & Motor Agency has informed that Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 read with BSE Circular dated 9th May 2019 is not applicable to the company. Further, the company has informed that it is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the provisions of Corporate Governance shall not apply to listed entities having paid up Equity Share Capital not exceeding Rupees 10 Crores and net worth not exceeding Rupees 25 Crore, as on the last day of previous financial year. Hence, the company is not required to submit Annual Secretarial Compliance Report as our Company is exempted under Regulation 15(2) or SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

The above information is a part of company’s filings submitted to BSE.

Bombay Cycle & Motor Share Price

1630.05 -54.85 (-3.26%)
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