Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Company has received Resignation letter from Statutory Auditors, M/s. M.K. Dandeker & Co., Chartered Accountants (FRN:000679S) stating their inability to continue as the Statuary Auditors of the Company, with a reason for resignation that they did not receive satisfactory/substantive responses for their queries raised from those charged with governance and management during the audit of the company's accounts for the year 2018-2019, and issued their audit report u/s.143 of the Companies Act, 2013 with disclaimer of opinion as required by Standards on Auditing(SA)-705 and under those circumstances and as per guidance note issued by ICAI in November 2018, they have informed that they cannot continue as Statutory Auditors of the Company.