Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, please note that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Preferential Issue of Equity Shares and Convertible Warrants of the Company during the second quarter and 6 months ended September 30, 2022, as mentioned in the object clause of the Offer Letter dated September 27, 2022. Please find enclosed herewith a statement in this regard.
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