03:15 PM, 6th Jun 2023
Dear Sir/MadamWith reference to above mentioned subject this is to inform you that as per the provision of Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Compliance of Regulation 23 (Related Party Transaction) is NOT APPLICABLE to the Company Since the Companys paid-up equity share capital is not exceeding Rs. 10 Crores and net worth is not exceeding Rs. 25 Crores as on the last date of previous financial year.You are requested to kindly take the above information on record.