This is in reference to the captioned subject that the Annual Secretary Compliance Report under regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 read with BSE Circular dated 9th May 2019 is not applicable to our Company.
Further, we would like to clarify that our Company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 as Corporate Governance provisions shall not apply to listed entities having paid up Equity Share Capital not exceeding Rupees 10 Crores and Net worth not exceeding Rupees 25 Crores, as on the last day of previous financial year.
Hence, we are not required to submit the Annual Secretarial Compliance Report, as our Company is exempted under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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