Caprolactam Chemicals informs about non applicability of regulation 23(9)
Caprolactam Chemicals has informed that as per regulation 15(2) of the SEBI (LODR) Regulations. 2015, the compliance 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 - listed entity having paid up equity share capital not exceeding rupees ten crore and net worth not exceeding rupees twenty-five crore, as on the last day of the previous financial year. Accordingly, the Company is not required to submit the Related Party Transaction disclosures as required 23(9) of SEBI (LODR), Regulations, 2015 as the paid-up equity share capital of the Company is Rs 4,60,00,000 and the Net worth of the Company is Rs 4,95,89,569 as on 31st March, 2025.
The above information is a part of company’s filings submitted to BSE.
