Pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Brijlaxmi Leasing & Finance has informed about the Compliance with the Corporate Governance provisions as specified in regulations 17 to 27 and clause (b) to (i) of sub regulation (2) of regulation 46 and Para C, D and E of Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 shall not apply, in respect: The listed entity is having paid up Equity Share Capital not exceeding Rupees Ten Crores and Net worth not exceeding Rupees Twenty Five Crores, as on the last day of the previous financial year. In this regard, the company informed that as on the last day of previous financial year, the Paid-up Equity Share Capital of the Company is less than Rs 10 Crores and Net worth is less than twenty five Crores and therefore, the Company is not required to submit disclosure of related party transaction as required under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended on 31-03-2022.
The above information is a part of company’s filings submitted to BSE.
