Due to the ongoing CIRP, the Board of Directors of the company has been suspended, and the management of the company is now under the control of the IRP. As per the CIRP process, the approval of 66% of the CoC is required for the appointment of statutory auditors for a term of five years. However, due to the time required for the necessary approvals, there was a procedural delay in the voting process by the CoC, the appointment of the statutory auditors could not be completed within the prescribed timelines. Further, the voting process for appointment of the statutory auditors is still in process and hence the auditors will not have sufficient time to prepare and finalize the financial results for the Half-year ending 30th September 2024. As a result of the same, the company is unable to submit the half-yearly financial results within the specified due date as stipulated under Regulation 33 of SEBI (LODR) Regulations, 2015.

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Cian Healthcare Ltd.

13 Nov 2024

4.50

1.81%

Company Update

Cian Healthcare Ltd - 542678 - Non-Applicability Of Related Party Disclosure Under Regulation 23(9) Of SEBI …

BSE India

This is to inform that pursuant to Regulation 15(2) of 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 clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V of SEBI (LODR) Regulations, 2015, shall not apply, in respect of - (a) A 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 previous financial year. (b) A listed entity which has listed its specified securities on the SME Exchange. The Company (Cian Healthcare Limited) has listed its specified securities on SME Platform of BSE Limited, therefore it is not required to submit Disclosure of Related Party Transactions under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Quarter ended on September 30, 2024.

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