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We submit that Based on the Audited Financials of the Company for the year ended 31st March,2025, the Paid-up equity capital of the Company is Rs 1.119 crores and Net worth of the Company is Rs 0.9945 crore which is below the criteria laid, down in Regulation 15(2) mentioned in above Para. In view of the above submission, the provisions of Corporate Governance is not applicable to the Company.</in-capmkt:ReasonForPartAOfAnnexureIOfTheSEBICircularDated31December2024RelatedToComplianceReportOnCorporateGovernanceIsNotApplicableToTheEntity>
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