We submit that, as our Company falls under the criteria as specified under Regulation 15 (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and have submitted a declaration to that effect pursuant to the Regulation 27(2) of the SEBI (LODR) Regulations, 2015. Further, a Certificate, issued by Mr. Sanjay Shringarpure, Partner of M/s PRS Associates, Company Secretaries in Practice, dated 29th June, 2019 certifying that the Paid up Capital and Net Worth of the Company is Rs. 1,28,07,210 and Rs. 52,69,212/- which is well below the prescribed limit for applicability of Regulation 24A of SEBI(LODR) Regulations, 2015.Thus, we are not required to submit the Annual Secretarial Compliance Report.