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SRM Energy Ltd Back
SRM Energy Ltd - Non-Applicability Of Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Regarding Submission Of Disclosures Of Related Party Transactions For The Half Year Ended On 30Th September 2024.
Nov 13,2024   Hrs IST

Reference to regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 wherein a Company is required to submit to the Stock Exchange a disclosure of related party transactions on a half yearly basis on the date of publication of its standalone and consolidated financial results. In context to the above the company is availing exemption of providing such information under Regulation 15(2) of the said regulation as the paid-up share capital of the Company is Rs. 906.00 Lakhs and the Net worth of the Company is Rs. 371.99 Lakhs in negative which does not exceed the prescribed limit of 10 Crores and Rs. 25 Crores respectively as on the last day of the Financial year March 31 2024.

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