Pursuant to Regulation 15(2) of SEBI (Listing Obligation and Disclosures Requirements), Regulations, 2015 the compliance with the Corporate Governance provisions as specified in Regulation 17 to 27 and clauses (b) to (i) of sub-regulation 46 and para C,D and E of schedule V shall not apply in respect of listed entity having paid up equity share capital not exceeding rupees Twenty five Crores as on the day of the previous financial year. As per latest Audited Accounts of the Company as at 31st March, 2022; the paid-up Equity Share Capital of the Company is Rupees 128.07 lakhs and Net worth is Rupees 40.78 lakhs. It may further note that the Company does not exceed the prescribed limits and therefore the disclosure required under Regulation 23(3)of SEBI (Listing Obligation and Disclosures Requirements), Regulations, 2015 for the six months period ended on 31st March, 2022 is not applicable.