With reference to the subject mentioned above, we hereby submit to the Exchange that Annual Secretarial Compliance Report pursuant to Regulation 24A of SEBI (LODR (Amendment) Regulations, 2018 read with SEBI Circular dated 08.02.2019 and BSE Circular dated 09.05.2019 and 14.05.2019 is not applicable to our Company. Further it does not attract provisions of Reg 15(2) of SEBI (LODR) Regulations, 2015 on Corporate Governance as the paid up equity share capital of the Company does not exceed Rs. 10,00,00,000/-, and the Net-worth of the company is less than Rs.25,00,00,000/- as on 31.03.2022. In view of the above, we would like to submit that the Company is not required to submit Annual Secretarial Compliance Report for the year ended 31.03.2022 to the stock Exchange. Accordingly, Regulation 27(2) of the SEBI (LODR) Regulations, 2015 is not applicable to the Company and it is not required to file Annual Secretarial Audit Report and Annual Secretarial Compliance Report.