MoneyWorks4Me

Ganesh Holdings informs about non-applicability of disclosures of related party transactions

21 Nov 2022 Evaluate

As per Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 every listed company shall be required to submit ‘Disclosures of Related Party Transactions’ within 15 days from the date of publication of its financial results for the half year. Ganesh Holdings has informed that, read with Regulation 15(2) of SEBI (LODR) Regulations, 2015, the above-mentioned provision is not applicable to the company as the Paid-up Share Capital is less than Rs 10 Crore and Net Worth of the Company is less than Rs 25 Crores as on 30th September, 2022. The Company, therefore, is not required 'to submit ‘Disclosures of the Related Party Transaction as per Regulation 23 (9) of SEBI (LODR) Regulations, 2015.

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

Peers