NDA Securities Ltd
Non- Applicability Of Disclosure Of Related Party Transaction Pursuant To Regulation 23 (9) Of SEBI (Listing Obligations And Disclosure Requirements) (Amendment) Regulations 2018 For The Half Year Ended 31St March 2023.
05:51 PM, 29th May 2023
As per Regulation 15(2) of SEBI (LODR) Requirement 2015 it has been stipulated that the compliance with the corporate governance provisions as specified in Regulation 17 to 27 and Clauses (b) to (i) and (t) 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 Rs. 10 Crore and Net Worth not exceeding Rs. 25 Crore as on the last day of the previous financial year.We hereby submit that NDA Securities Limited paid up equity share capital not exceeds Rs. 10 Crore and Net Worth also not exceeds Rs. 25 Crore as on the last day of the previous financial year i.e. 31st March 2022.Hence the provisions of Regulation 23(9) of SEBI (Listing Obligations and Disclosure requirements) Regulations 2015 are not applicable to the company and it is not mandatory for the Company to file the RPT for the half year ended on 31st March 2023 with the Exchange.