We hereby inform that, Pursuant to Regulation 15 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, compliance with the corporate governance
provisions as specified in regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, and
27 and clauses (b) to (i) [and (t)] of sub-regulation (2) ofregulation46 and para C, D and
E of Schedule V shall not apply, in respect of:
1. 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 previous
financial year.
2. Listed entity which has listed its specified securities on the SME Exchange.
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