Dear Sir(s),
This is further to our disclosures dated December 23, 2022, whereby it was intimated by the Company that vide an order pronounced orally on December 23, 2022, the Ahmedabad bench of the National Company Law Tribunal ('NCLT') approved the resolution plan submitted by Hazel Mercantile
Limited ('Resolution Applicant') in the corporate insolvency resolution process of the Company ('Resolution Plan').
A copy of said order has already been provided to the relevant Stock Exchanges by a disclosure dated December 29, 2022.
You are requested to take the above on record.
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