Modern Shares & Stockbrokers has informed that pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Compliances with the Corporate Governance provisions as specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23 ,24, 24A, 25, 26, 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 tell crore and net worth not exceeding rupees twenty five crore, as on the last day of the previous financial year. As per the latest Audited Accounts of the Company as at March 31, 2026, the paid up equity share capital of the Company is Rs 2,93,11,250 and net worth of the Company is Rs 12,15,81,665 which is below the threshold limit as specified under the said regulation. Therefore, Regulation 15(2) and provision of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended are not applicable to the Company. Hence, the Company is not required to submit ‘Disclosure of Related Party Transactions for the quarter and half year ended September 30,2026 as required under Regulation 23(9) of the SEB] (LODR) Regulations, 2015'.
The above information is a part of company’s filings submitted to BSE.
