With reference to the captioned subject, we would like to inform you that as per Regulation 15(2) of 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) of Sub-regulation (2) of Regulation 46 and para C, D and E of Schedule V shall not apply, in respect of- The listed entity having Paid up equity share capital not exceeding ten Crore and Net Worth not exceeding Rupees twenty five Crore, as on the last day of the Previous Financial Year. Prashant India having its registered office at Block No. 456, Palsana Char Rasta, Palsana, Dist Surat-394315, Gujarat, India falls within the ambit of the aforesaid exemption. Hence, our company is not required to submit Annual Secretarial Compliance Report for the year ended 31st March 2023.