CORPORATE MERCHANT BANKERS LIMITED
April 17, 2024
Corporate Relationship Department
BSE Limited
25th Floor,Phiroze Jeejeebhoy Towers,
Scrip Code: 540199
Listing Department
Symbol: CMBL
Dear Sir/Madam,
Sub: Non- Applicability of the provisions of Corporate Governance of the SEBI (Listing Obligations and Disclosure Requirements, 2015 for the Quarter & Year Ended March 31, 2024.
In terms of the provisions of Clause (a) of Sub-Regulation (2) of Regulation 15 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI LODR Regulations") from time to time, and in compliance with the corporate governance provisions as specified in regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 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. 10,00,00,000 (Rupees Ten Crore) and net worth not exceeding Rs. 25,00,00,000 (Rupees Twenty-Five Crore), as on the last day of the previous financial year.
Since the paid-up Equity Share Capital of the Company was Rs.3,30,00,000/- (Rupees Three Crore and Thirty Lakh Only) as at March 31, 2023 (being the last day of the previous financial year) and the Net worth of the Company was Rs. 3,36,13,000/-(Rupees Three Crore Thirty Six Lakh and Thirteen Thousand Only) as at March 31, 2023 (being the last day of the previous financial year), the provisions of Corporate Governance as stipulated under SEBI LODR Regulations are not applicable to the Company for the quarter & year ended March 31, 2024.
This is for your information and record.
Thanking you,
Yours faithfully,
For CORPORATE MERCHANT BANKERS LIMITED
Niravkumar C Parikh
Managing Director
DIN: 01848945
Registered Office: UG-24, Vishwadeep Tower, District Centre, Janak Puri, New Delhi-110058E-mail:cmbldelhi@gmail.com , Website: www.cmbl.co.in, contact no: +918008815777 CIN: L74899DL1994PLC061107
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Corporate Merchant Bankers Ltd. published this content on 17 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2024 11:21:01 UTC.