We hereby inform you that pursuant to Regulation 32 of SEBI (LODR) Regulations 2015, there is no deviation and/or variation in the utilization of issue proceeds, as mentioned in letter of offer dated April 24, 2025 for rights issue of the Company. \r\n\r\nThe details of the same as per Regulation 32 of SEBI (LODR) Regulations 2015 are enclosed herein. \r\n