Pursuant to Regulation 31A(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Acquirers on successful completion of Open Offer given under Regulation 4 and other applicable Regulations of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 has been classified as Promoters of the Company.