H.M. Electro Mech has informed that as per Regulation 15 (2) of the SEBI (LODR) Regulations, 2015, the compliance with the corporate governance provisions as specified in Regulation 17, [17A] 18, 19, 20,21,22,23,24,24A,25,26,26A,27 and clause (b) to (i) and t of Sub-Regulation (2) of Regulation 46 and para C, D and E of Schedule V, shall not apply, in respect of: (a) The listed entity having paid up equity share capital not exceeding rupees ten crore and net worth not exceeding rupees twenty five crore, as on the last day of the previous financial year: (b) The listed entity which has listed its specified securities on the SME Exchange. It has further noted that as the securities of the Company is listed on SME Exchange. Hence, the Company is not required to submit Annual Secretarial Compliance Report under Regulation 24A of the SEBI (LODR) Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.