This is in reference to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015, which requires every listed entity to submit to the Stock Exchanges "Disclosure of Related Party Transactions" on the date of publication of its Standalone and Consolidated Financial Results. However, as per Regulation 15(2) of SEBI (LODR) Regulations, 2015, the compliance with the Corporate Governance provisions are not applicable to the listed entity which has listed its specified securities on the SME Exchange. In reference to the above, we hereby declare and confirm that the Company falls under the ambit of aforesaid exemption and therefore is not required to submit to the exchange Disclosure on Related Party Transactions under Regulation 23(9) of SEBI (LODR) Regulations, 2015, for the Half Year and Financial Year ended 31st March, 2023.