This is to inform you that ASC Report under Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 read with BSE Circular No, LIST/COMP/10/2019-20 dated 9th May, 2019 is not applicable to our Company. Furthermore, we would like to inform you that our company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as provisions of Corporate Governance as per regulation 15(2)(b) of SEBI (LODR) Regulations, 2015, the compliance with the provisions as specified in regulation 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clause (b) to (i) of sub-regulation 46 and Para C, D and E of Schedule V shall not apply to listed entities having paid up Equity Share Capital not exceeding Rupees 10 Crores and Net Worth not exceeding Rupees 25 Crores, as on the last day of previous financial year. As per exemption ASC Report is not applicable to the Company.