Mehta Integrated Finance has informed that as per Regulation 15 (2) of SEBl (LODR) Regulations, 2015, the compliance with the corporate governance provision as specified in Regulation 17, 17 A, 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, in respect of the listed entity having paid up equity share capital not exceeding rupees Ten Crores and net worth not exceeding rupees Twenty Five Crores, as on the last day of the previous financial year. The paid up equity share capital of the Company is Rs. 500 Lacs and the Net worth of the Company is Rs. 1433.16 lacs as on 31st March, 2023 which is below the limit as specified under SEBI (LODR) Regulation, 2015. Hence not required to submit the Related Party Transactions disclosures as required under regulation 23(9) of SEBI (LODR), Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
