We hereby certify that Regulation 23(9) of the SEBI (LODR) Regulations 2015 is not applicable to our company, according to the paid up Equity share capital and net worth which was below the specified limit given below in Regulation 15(2). As per provisions of Regulation 15(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 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) and (t) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V of the said regulations are not applicable in respect of the listed entity having paid up equity share capital not exceeding Rupees Ten Crores and net worth not exceeding Rupees Twenty Five Crores, as on the last day of the previous financial year. Therefore, the Company is not required to submit Disclosure of Related Party Transactions under regulation 23(9) of SEBI (LODR) Regulations 2015.