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Nilkanth Engineering Ltd

Non-Applicability Of Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015

11:59 AM, 16th Apr 2025

In terms of Regulation 15(2)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 is applicable to only those listed entities having Equity paid up capital exceeding Rs. 10.00 Cr and Net Worth exceeding Rs. 25.00 Cr.The paid up Equity Capital and New Worth of the Company as on March 31 2024 (latest audited balance sheet) was Rs. 124.50 Lakhs and negative (Rs. 241.14 Lakhs) respectively which does not exceeding the above threshold limits.Hence the Company is not required to submit Disclosure of Related Party Transactions as per regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.Kindly take the above submission on record.

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