In compliance with the corporate governance provisions as specified in regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 and part C, D and E of Schedule V shall not apply in respect of — The listed company having paid-up 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. Cistro Telelink has informed that the Company’s paid-up share capital and net worth falls below the criteria as laid down under the Regulation 15(2) of the SEBI (LODR) Regulations. Accordingly, the company is not required to submit the Related Party Transaction 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.
