With reference to above mentioned subject the provisions of Regulation 23 read with Regulation 15(2) applicability criteria of SEBI (Listing and Disclosure Requirements)Regulations, 2015, is NOT APPLICABLE to the Company, since the Company''s Paid up Equity Share Capital is not exceeding Rupees Ten Crores and the Net Worth is not exceeding Twenty Five Crores as on the last day of the previous Financial Year.