This is to inform you that pursuant to Regulation 15(2)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Compliances with the Corporate Governance provision as specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clause (b) to (i) of Sub- regulations (2) of Regulation 46 and para C, D and E of Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 shall not apply in respect of the Listed Entity which has listed its specified securities on the SME Exchange. Accordingly, it may be noted that Arihant Institute Limited being listed on SME Platform of Bombay Stock Exchange Limited (BSE), the Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the Company.