Corporate Governance

Pursuant to circular CIR/CFD/POLICY CELL/7/2014 dated 15th September, 2014, issued by the SEBI regarding the applicability of Clause 49 of the Listing Agreement and pursuant to Sub-regulation (2) of regulation 15 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations, 2015 the provisions of Corporate governance as specified in the said clause 49 of the erstwhile listing agreement and as specified in the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations, 2015 are not applicable to your Company. Hence, the Company has not given the Report on Corporate Governance in the Annual Report.