Pursuant to Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements), 2015, AMS Polymers has informed that the compliance with the Corporate Governance provisions as specified in Regulations 17 to 27 and clause (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 crore and net worth not exceeding rupees twenty five crore, as on the last day of the Previous Financial year. Further noted that, even the net worth exceeds rupees twenty-five crore but the paid-up equity share capital of the company has not exceeded Rupees Ten Crore. Therefore, the disclosure relating to the Related party under Regulation 23(9) of SEBI Listing Obligations and Disclosure Requirements), 2015 is not applicable.
