This is to inform you that pursuant to the Regulation 15(2) of the SEBI (LODR) Regulations, 2015, and the provisions of the Regulation 23(9) of the SEBI (LODR) Regulations, 2015 as amended is not applicable to the Company as the Paid-up Equity Share Capital of the Company is less that Rs. 10.00 Crores and Net worth of the Company is less than Rs. 25.00 Crores as on 31.03.2022 and Company does not have any Holding, subsidiary, and Associate Company. As per the Regulation 15(2) of the 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) of sub-regulation (2) of regulation 46 and Para C, D and E of Schedule V shall not apply. As a result, the Company is not required to submit 'Disclosures of the Related party Transaction on a consolidated basis as per Regulation 23 (9) of SEBI (LODR) Regulations, 2015'