Swagtam Trading & Services has informed that pursuant to regulation 15(2) of the SEBI (LODR) Regulations, 2015 and the provisions of Regulation 23(9) of the SEBI (LODR) Regulations, 2015 as amended, is not applicable to the Company as the Paid-up Share Capital is less than Rs 10 Crores and Net Worth is less than Rs 25 Crores as on 31.03.2021. Moreover, the Company confirmed that there are no related party transactions which are not on arms length basis and not in the normal & ordinary course of business. Therefore, Regulation 15(2) and provision of Regulation 23(9) of the SEBI (LODR) Regulations, 2015, are not applicable to the Company.
The above information is a part of company’s filings submitted to BSE.
