VR Films & Studios: Non-Applicability Of Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015.

This is to inform you that as per Regulation 15(2) OF SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Compliance with the Corporate Governance Provisions as specified in regulation 17 to 27 and clauses (b) to (i) of sub-regulation (2) of 46 and paras C D and E of Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 shall not apply in respect of :(b) the listed entity which has listed its specified securities on the SME Exchange.As the Company has listed its shares on BSE SME Platform so the above-mentioned provision will not be applicable to the Company and hence the Company is not required to disclose Related Party Transactions for the Half year and year ended 31st March 2022 as provided under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.You are requested to take the same on your record.