Dear Sir/Madam, In reference to the aforesaid subject, pursuant to the Guidance Note on disclosure of related party transaction vide BSE Notice No.: 20220425-30, Dated : 25.04.2022 for the purpose of disclosure of related party transaction under regulation 23(9) of SEBI (LODR) Regulation. We would like to confirm you that the provisions as specified in Regulation 23(9) shall not apply as the Paid-up Capital of Our Company is only Rs.7,25,28,000/- and Networth is Rs.7,40,17,402/- for the Financial Year ended on 31.03.2022. Therefore, we do not fall under the criteria as specified, Regulations 23 shall not apply, in respect of 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 the previous financial year.