MC2022-UPDATION OF OLD RECORDS IN NEW DASHBOARD- NONAPPLICABILITY OF 24A CERTIFICATION.

@ Netripples Software Limited Registered Office : Goodlife Retreat, 1-2-36/2 Street No 4, Kakateeyanagar, Habsiguda, les’ Hyderabad — 500007, Telangana State netripp Website: www.netripples.com Email: info@netripples.com NSL/121/BSE67/2022 19" May 2022 The Listing Compliance Department BSE Limited Mumbai Dear Sir, Scrip Code: 542117 Re: REGULATION 24A FROM PCS Non Applicability We have pleasure to enclose herewith Annual Secretarial Compliance Report required under Regulation 24A of SEBI (Listing obligation and Disclosure Requirements) Regulations, 2015, for the year ended 31st March, 2023, issued by Mr. KODE HEMACHAND 1. Statutory Exemption / Non-Applicability Criteria (Regulation 15(2) of SEBI LODR, 2015) We wish to highlight that under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the compliance related to Corporate Governance provisions—including the submission of the Annual Secretarial Compliance Report under Regulation 24A—shall not apply to listed entities having: « Paid-up Equity Share Capital not exceeding Rs. 10 Crores AND « Net Worth not exceeding Rs. 25 Crores as on the last day of the previous financial year. 2. Financial Position of Netripples Software Limited We submit the factual financial metrics of our company as follows: « Paid-up Equity Share Capital: Rs. 6.81 Crores (which is strictly less than the threshold limit of Rs. 10 Crores). « Net Worth: Rs. 9.65 Crores (which is strictly less than the threshold limit of Rs. 25 Crores). 3. Historical Consistency « The company did not increase its equity capital during the financial year under review, nor at any time since its listing from 2018 up to the present date. « Furthermore, the Net Worth of the company has never crossed or increased to Rs. 10 Crores at any point in time since listing up to date. You are requested kindly to take the same on your record. Thanking you, Yours faithfully For NETRIPPLES SOFTWARE LIMITED Authorised Signatory Encl.: as above CS KODE HEMACHAND fls COMPANY SECRETARY IN PRACTICE ANNUAL SECRETARIAL COMPLIANCE REPORT OF DEEPAK NITRITE LIMITED FOR THE YEAR ENDED 31sr MARCH 2022 {Pursuant to Regulation 24A of Securities and Exchange Board of India (listing Obligations and Disclosure Requirements) Regulations, 2015} I, Kode Hemachand, Practicing Company Secretary, have examined: (a) all the documents and records made available to us and explanation provided by Netripples Software Limited ("the listed entity") (b) the filings/ submissions made by the listed entity to the stock exchanges, (c) website ofthe listed entity, (d) other documents and information received from the MCA portal and stock exchange websites, For the year ended 3Ist March 2023 ("Review Period") in respect of compliance with the provisions of: (a) the Securities and Exchange Board of India Act, 1992 ("SEBI Act") and the Regulations, circulars, guidelines issued thereunder; and (b) the Securities Contracts (Regulation) Act, 1956 ("SCRA"), rules made thereunder and the Regulations, circulars, guidelines issued thereunder by the Securities and Exchange Board of India ("SEBI"); The specific Regulations, whose provisions and the circulars/ guidelines issued thereunder, have been examined, include:- (a) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015; (b) Securities and Exchange Board of India {Issue of Capital and Disclosure Requirements) Regulations, 2018: (c) Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; (d) Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018: There are no events occurred during the period which attracts provisions of these regulations, hence not applicable; (e) Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014: There are no events occurred during the period which attracts provisions of these regulations, hence not applicable; (f) Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008: There are no events occurred during the period which attracts provisions of these regulations, hence not applicable; (@ Securities and Exchange Board of India (Issue and Listing of Non-Convertible and Redeemable Preference Shares) Regulations, 2013: There are no events occurred during the period which attracts provisions of these regulations, hence not applicable; (h) Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015; And circulars/ guidelines issued thereunder. Based on the above examination, | hereby report that, during the Review Period: (a) The listed entity has complied with the provisions of the above Regulations and circulars/ guidelines issued thereunder, except in respect of matters specified below: Sr. | Compliance = Regul | Devia | Actio | Type Details Fine Observations | Manag | Remar No. | Requireme | ation/| tions n of of Amoun | /Remarks of | ement ks nt Circul Taken | Actio | Violatio t the Respon (Regulation | ar No. by n n Practicing se sf Company circulars/gu Secretary idelines including specific clause) (b) The listed entity has taken the following actions to comply with the observations made in previous reports: No observations have been made in the previous report. Sr. | Compliance | Regul | Devia | Actio Type Details Fine Observations | Manag | Remar No. | Requireme | ation/ | tions n of of Amoun | /Remarks of | ement ks nt Circul Taken | Actio | Violatio t the Respon (Regulation | ar No. by n n Practicing se sf Company circulars/guid Secretary elines including specific clauses Not Applicable Further, we have examined: Sr. Particulars Compliance Observations/Remarks No. Status by PCS {Yes/No/NA) Secretarial Standard: Yes None The compliances of the listed entity are in accordance with the applicable Secretarial Standards (SS) issued by the Institute of Company Secretaries of India (ICSI). Adoption and timely updation of the Policies: Yes None e Al applicable policies under SEBI Regulations are adopted with the approval of board of directors of the listed entities. e Al the policies are in conformity with SEBI Regulations and has been reviewed & timely updated as per the regulations/circulars/guidelines issued by SEBI Maintenance and disclosures on Website: Yes None e The Listed entity is maintaining a functional website. e Timely dissemination of the documents/ information under a separate section on the website. e Web-links provided in annual corporate governance reports under Regulation 27(2) are accurate and specific which redirects to the relevant document(s)/ section of the website. Disqualification of Director: Yes None None of the Director of the Company are disqualified under Section 164 of Companies Act, 2013 To examine details related to Subsidiaries of listed Yes None entities: (a) ldentification of material subsidiary companies. (b) Requirements with respect to disclosure of material Yes None as well as other subsidiaries Preservation of Documents: Yes NonEf-1 The listed entity is preserving and maintaining records as prescribed under SEBI Regulations and disposal of records as per Policy of Preservation of Documents and Archival policy prescribed under SEBI LODR Regulations, 2015 Performance Evaluation: Yes None The listed entity has conducted performance evaluation of the Board, Independent Directors and the Committees at the start of every financial year as prescribed in SEBI Regulations RelPartay Trtansaectiodns: Yes None (a) The listed entity has obtained prior approval of Audit Committee for all Related party transactions (b) In case no prior approval obtained, the listed entity NA None shall provide detailed reasons along with confirmation whether the transactions were subsequently approved/ratified/rejected by the Audit committee. Disclosure of events or information: Yes None The listed entity has provided all the required disclosure(s) un [Showing first 8,000 characters — download PDF for full document]