We wish to inform you that as per the provisions of regulation 15(2) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 that compliance with corporate governance provisions specified in regulations 17, 17 A, 18, 19, 20, 21, 22, 23, 24, 24 A, 25, 26, 27 and clauses (b) to (i) of sub regulation (2) of regulation 46 and Para and Para C, D, and E of Schedule V shall not apply to the listed entity having paid up equity share capital not exceeding rupees 10 crore and net worth not exceeding rupees twenty five crore, as on the last day of previous financial year. We further, inform you that as per the audited balance sheet (IND AS) of the company for the FY 2021-2022 Paid up Share Capital of the Company is Rs. 3,60,13,000/- and the Net Worth of the Company is Rs. 3,59,44,845/- which is within the limit as prescribed in regulation 15(2) of SEBI (LODR) regulations 2015.