As per regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, every listed company shall be required to submit to the Stock Exchange disclosure of related party transactions within 15 days from the date of publication of its financial results, Hittco Tools has informed that, read with Regulation 15(2) of SEBI (LODR) Regulations, 2015, the above mentioned regulation shall not be applicable to the company as the paid-up share capital of the Company and Net worth of the Company does not exceed the prescribed limit of Rs 10 Crores and Rs 25 Crores, respectively. The Company, therefore, is not required to submit disclosure of related party transactions as per regulation 23(9) of SEBI (LODR) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
