Pursuant to the Regulation 15(2) of SEBI (LODR) Regulations, 2015, the compliance with the corporate governance provisions as specified in Regulation 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 and para-C, D and E of Schedule V shall not apply to the listed entity which has listed its specified securities on the SME Exchange. Hence, Clara Industries has clarified that the disclosure on Related Party Transactions under Regulation 23(9) of SEBI (LODR) Regulations, 2015, shall not apply on the company. This is for the information and records and meeting the disclosure requirements as prescribed under SEBI (LODR) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
