This is to inform you that Annual Secretarial Compliance Report as specified under Regulation 24A of SEBI (LODR) (Amendment) Regulations, 2018 read with BSE Circular dated 9th May, 2019 is not applicable to our company. As per Regulation 15(2) of SEBI (LODR) Regulations, 2015, the Corporate Governance provisions 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 on March 31, 2022 the paid-up equity share capital of the Company is Rs. 3,20,00,000.00 and the Net worth of the Company has been determined at 3,62,51,735.22 as on the said date. Hence, as per the exemption provided under Regulation 15(2)(a) of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, at present the requirement of submission of Annual Secretarial Compliance Report is not applicable to the Company.