Dear Sir/Mam\r\nWe would like to inform you that pursuant to Regulation 15(2) of SEBI (LODR) Regulations 2015 the compliance with the corporate governance provisions as specified in Regulations 17 17A 18 19 20 21 22 23 24 24A 25 26 27 and clause (b) to (i) of Sub-Regulation (2) of Regulation 46 and Para C D and E of Schedule V shall not apply in respect of:\r\n\r\na) The listed entity having paid up equity share capital not exceeding rupees Ten Crore and Net worth not exceeding rupees twenty-five crore as on the last day of the previous financial year;\r\n\r\nSince our Company does not have paid up equity and the Net worth of minimum level as per above therefore we are not covered under the said regulation. Hence our Company is not required to submit Related Party Transactions disclosure as required under Regulation 23 (9) of the SEBI (LODR) Regulations 2015.\r\n\r\nRequest you to kindly take this letter on record and acknowledge the receipt.\r\n