Business Standard

Mackinnon Mackenzie & Company Ltd

BSE : 501874

NSE :

Sector :Others

ISIN Code :

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Non-Applicability Of Requirement For Submission Of Related Party Transaction Under Regulation 23(9) For The Half Year Ended March 31 2024.

We would like to inform you that pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Compliances 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 the 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.Since Companys Paid-up Share Capital and Net Worth as at March 31 2023 was below aforesaid threshold the Company is not required to submit Related Party Transactions disclosures as required under Regulation 23(9) of SEBI (LODR) Regulations 2015.