Pursaunt to clause (a) of sub-regulation (2) of Regulation 15 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the provision of corporate governance is not applicable on the Company as the paid up equity share capital and net worth of the Company is below the threshold limit as on the last day of previous financial year as provided in the said regulation. Therefore, being having exemption under the above Regulation 15(2), the Company is also not required to submit the Disclosure of Related Party Transactions for the Nine Months Ended on December 31, 2021 as required under Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. You are requested to please take note of the same on your record.