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 17,17A,18,19,20,21,22,23,24,24A,25,26,27 and clause (b) to (i) of sub regulation 46 and para C, D and E of Schedule V shall not apply, in respect of the listed entity having paid up Share Capital not exceeding Rs 10 Crore and net worth not exceeding Rs 25 Crore, as on the last day of the previous financial year. Please take note that as per the latest Audited Account of the Company as at 31st March 2023 the paid up Equity Share Capital of the company is around 3 Crore and Net-worth is Around Rs 3.58 Crores. And in this regards the company is not required to submit 'Disclosure of the Related Party Transaction on a consolidated basis as per Regulation 23(9) of SEBI (LODR) Regulation 2015 for the quarter ended 31-03-2023.