pursuant to Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) 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) 41[and (t)] of sub-regulation (2) of regulation 46 and para C,D and E of Schedule V 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. Accordingly, the Company is not required to submit the Secretarial Compliance report for the Quarter and year ended 31.03.2023 under regulation 24A of Listing Regulations as the paid up equity share capital of the Company is Rs. 4,95,95,770/- which is less than ten crore and the Net worth of the Company is Rs. (26,50,43,957)/-as on Financial Year ended 31.03.2022 and Rs. (16,74,59,404)/-as on Financial Year ended 31.03. 2023.