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GCM Commodity & Derivatives informs about non-applicability of disclosure of related party transactions

21 Nov 2022 Evaluate

GCM Commodity & Derivatives has informed that Disclosure on Related Party Transactions for the Half Year ended 30th September, 2022 under Regulation 23(9) of SEBI (Listing Obligations and Disclosures Requirements) (Amendments) Regulation, 2018 in not applicable to the Company. Further, as per Regulation 15(2) of SEBI (Listing Obligations and Disclosures Requirements), the compliance with Corporate Governance provisions as specified in Regulation 17, 17A, 18, 19, 20, 21, 22, 23, 24A, 25, 26, 27 and clause (b) to (i) of subregulation (2) of Regulation 46 and para C, D and E of schedule V shall not apply in respect of: The listed entity having Paid-up Capital not exceeding ? 10.00 Crore and The listed entity whose specified securities are listed on SME Exchange platform. Since the company is listed on SME Board of BSE, therefore compliance as per Regulation 23(9) of SEBI LODR Regulations, 2015 is not applicable to the Company for the Half Year ended September 30, 2022.

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

Peers
Company Name CMP
Bajaj Finserv 1917.30
TVS Holdings 13000.05
Cholamandalam Fin. 1525.75
Altius Telecom Infra 175.00
Kama Holdings 2282.95
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