Sub: Non-applicability of Regulation 23(9) of SEBI (LODR) Regulation, 2015 This is to inform you that as per Regulation 15 (2) of SEBI (LODR) Regulations, 2015, the compliance with the Corporate Governance provision as specified in Regulation 17, 17 A, 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 rupees Ten Crores and net worth not exceeding rupees Twenty Five Crores, as on the last day of the previous financial year. The paid up equity share capital of the Company is Rs. 308.94 Lacs and the Net worth of the Company is Rs. 496.85 Lacs as on 31st March, 2022 which is below the limit as specified under SEBI (LODR) Regulation, 2015.