RELATED PARTY TRANSACTIONS

Shri Matre Power & Infrastructure Limited (the “Company”) recognizes that the Related Party Transactions can present potential or actual conflicts of interest and may raise questions about whether such transactions are in the best interest of the Company and its shareholders. To ensure high standards of Corporate Governance while dealing with Related Parties, the company sets forth the procedures under which the RPT must be reviewed, approved or ratified and reported.

The details of RPTs, which are not in the Ordinary Course of Business and / or not at Arm’s Length, shall be disclosed in the Board’s report along with a justification for entering into such transactions.

The details of material RPTs shall be disclosed on a quarterly basis along with the compliance report on corporate governance filed with the stock exchanges, where the securities of the Company are listed.