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Rodium Realty informs about non-applicability of regulation 23(9)

20 Nov 2021 Evaluate
Rodium Realty has informed that read with Regulation 15(2)(a) of SEBI (LODR) Regulations, 2015, Regulation 23(9) is applicable to only those listed entities having paid-up Equity Share Capital exceeding Rs 10 Crores and Net Worth exceeding Rs 25 Crores. The paid-up Equity Share Capital and Net Worth of the Company as on March 31, 2021, (latest audited balance sheet) was Rs 3.24 Crores and Rs 13.33 Crores respectively and which does not exceed the above threshold limits. The Company, therefore, is not required to submit disclosures of the Related Party Transaction on a consolidated basis as per Regulation 23(9) of SEBI (LODR) Regulations, 2015.

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

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