Sir As per SEBI Regulation 15(2) of SEBI LODR Regulation 2015 the compliance with regard to sec 23 is not applicable to the Company having paid up capital not exceeding Rs 10 Crore and Net worth not exceeding Rs 25 Crore Or Company falls within the exempted category Certificate from PCS enclosed With regards For Ind Bank Housing limited S Krishnan Company Secretary and Compliance Officer