The Company is committed to maintain the highest standards of corporate governance and adhere to the corporate governance requirements set out by SEBI.

Shareholders may note that, the provisions of Clause 49 of the Listing Agreement does not apply to the Company as per SEBI circular CIR/CFD/POLICYCELL/7/2014 dated 15-09-2014.

Since, the paid up capital of the Company is less than Rs.3 Crores, the provisions of Clause 49 are not applicable to Company. Though, Company maintains very high level of Corporate Governance.

Company’s Board of Directors consists of two independent Directors, namely, Shri Ajay Shanghavi and Shri Nishant Upadhyay.