Siddha Ventures has clarified that Company is claiming exemption under Regulation 15(2) of SEBI (LODR) Regulation, 2015, the compliance with the corporate governance provision shall not Apply, in respect of the listed entity having paid up equity share capital not exceeding RS 10 crores and net worth not exceeding rupees 25 crores, as on the last day of the previous financial year. The paid up equity share capital of the Company is Rs. 9,99,80,000.00 and the Net worth of the Company is Rs. 17,63,76,000.00 as on 30.09.2022 which is below the limit as specified under SEBI (LODR) Regulation, 2015. Hence, The Company is not required to submit Disclosures of the Related Party Transaction for half year ending September 2022 as per Regulation 23(9) of SEBI (LODR) Regulations 2015.
The above information is a part of company’s filings submitted to BSE.
