Dear Sir/Madam, This is to inform you that pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 as amended is not applicable to the company as: The paid up equity share capital does not exceed 10 Crore and Net worth does not exceed Rs. 25 Crore, as on 31.03.2021. As per Regulation 15(2) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 the Compliance with the Related Party Transactions 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 Disclosure of the Related Party Transaction on a consolidated basis as per Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015. You are requested to kindly take the same on record and acknowledge the same.