Pursuant to Regulation 23 of Securities Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, a transaction with a related party shall be considered material if the transactions to be entered into individually or taken together with previous transactions during a financial year, exceed ten percent of annual consolidated turnover of the listed entity as per the last audited financial statement of the listed entity. As per the above points, we would like to say that the company does not have any related party transactions, which fall under regulation 2(zc) of sebi (Listing Obligation and Disclosure Requirements) regulation, 2015 as stated above.