Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Monitoring Agency Report as approved by the Audit Committee and Board of Directors in their meeting held on 06.05.2026 in respect of the utilization of proceeds of Rights Issue, for the quarter ended March 31, 2026 issued by Crisil Ratings Limited, Monitoring Agency.