This is to inform you that Annual Secretarial Compliance Report under Regulations 24A of SEBI (Listing Obligation and Disclosure Requirements) (Amendment) Regulations, 2018 read with BSE Circular dated 9" May, 2019 is not applicable to our company. Further, We would like to clarify that Satyam Sik Mills Limited ('Company') is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 as Corporate Governance provisions shall not apply to listed entities having paid up Equity share capital not exceeding Rupees 10 Crores and Net worth exceeding Rupees 25 Crores, as on last day of previous financial year. Since, our Company is exempted under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 and consequently the Company is also exempted from submitting the Annual Secretarial Compliance Report for the year ended 31st March, 2021 to the Stock Exchange.