We would like to inform you that pursuant to Regulation 15(2) of SEBI (LODR) Regulations, 2015, the compliance with the corporate governance provisions as specified in Regulation 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27 and clause (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: a) The listed entity having paid up equity share capital not exceeding rupees ten crore and net worth not exceeding rupees twenty-five crore, as on the last day of the previous financial year; b) The listed entity which has listed its specified securities on the SME Exchange. We fall under category a) therefore Regulation 23(9) is not applicable to our company. Hence, the Company is not required to submit "Disclosures of the Related Party Transaction" as per Regulation 23(9) of SEBI (LODR) Regulations, 2015.