24 Sep 21 | 16:00
RMC Switchgears Ltd
Exchange Received Time
Exchange Disseminated Time
Non-Applicability Of Regulation 23 (9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations) For The Half Year Ended On 31St March, 2021. |
As per the provisions of Regulation 23 (9) of the above mentioned Listing Regulations, the listed entity shall submit within 30 days from the date of publication of its standalone and consolidated financial results for the half year, disclosures of related party transactions on a consolidated basis, in the format specified in the relevant accounting standards for annual results to the stock exchanges and publish the same on its website.
RMC Switchgears Limited is a company listed on SME Exchange and therefore, the Company falls within the ambit of provisions of Regulations 15 (2) (b) of Chapter IV of the same Listing Regulations. Hence, compliance with the provisions of Regulation 23(9) of the Listing Regulations is not applicable on the Company.
Consequently, it is not required for the Company to submit Disclosures of Related Party Transactions as per Listing Regulations.
Request you to take the same on your record.
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25 Sep 21|06:43 (IST)