We would like to inform you that pursuant to Regulation 15 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the 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 shall not apply to the following companies ; to the following class of Companies: a. A listed entity having paid up equity share capital not exceeding rupees 10 Crores and net worth not exceeding rupees 25 Crores, as on the last day of the previous financial year. b. A listed entity which has listed its specified securities on the SME Exchange. Hence, compliance with the Related Party Transaction provisions shall not be applicable to the Company