Pursuant to Regulation 15 (2)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the compliance with the provisions of Regulations 24A with related to Secretarial Audit shall not apply in respect of 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.As per latest Audited Financial Statements of the Company as at 31St March 2023; the paid-up Equity Share Capital of the Company is Rs. 40493808/- and Net Worth is Rs. 100389143/-. Thus the Company qualifies for exemption as per Regulation 15 (2) of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015.Therefore it may be noted that as the Company has not exceeded the prescribed limits mentioned in para 1 of the disclosure required under Regulation 24A of SEBI (LODR) Regulations 2015 are not applicable for the Financial year ended March 31 2024
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