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Advance Petrochemicals informs about non-applicability of regulation 23(9)

17 Nov 2021 Evaluate

As per Regulation 15(2) of SEBI (LODR) Requirements, 2015, Advance Petrochemicals has informed that the compliance with the corporate governance provisions as specified in Regulation 17 to 27 and Clauses (b) to (i) of Sub- Regulation (2) of regulation 46 and Para C, D, and E of Schedule V shall not be applicable in respect of: The-Listed Entity having paid-up equity share capital not exceeding Rs 10.00 Crore and net worth not exceeding Rs 25.00 Crore as on the last day of the previous financial year. With regard to same, the paid-up equity share capital of the company does not exceed rupees Ten Crore and Net Worth does not exceed rupees Twenty-Five Crore. Hence, the provisions of Reg 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are not applicable to the company and it is not mandatory for the Company to file the RPT for half year ended 30th September, 2021 with the Exchange.

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

Advance Petrochem. Share Price

232.00 0.00 (0.00%)
02-Jul-2026 16:59 View Price Chart
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