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Classic Electricals informs about non-applicability of related party transactions

25 Nov 2022 Evaluate

As per Regulation 15(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Classic Electricals has certified that paid up equity share capital of the Company is not exceeding rupees ten crores and net worth not exceeding rupees twenty five crores, as on the last day of the previous financial year and hence the provision related to filing of related party transactions disclosure as specified under Regulation 23 of SEBI (LODR) 2015 for the half year ended September 2022 is not applicable to the Company.

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

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