Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular CIR/CFD/CMD1/162/2019 dated December 24, 2019, it is hereby confirmed that there is no deviation or variation in the use of proceeds from the preferential issue, from the objects as stated. Please find enclosed herewith the Statement of Deviation or Variation of proceeds of Preferential Issue for the quarter ended on 31st March, 2025. Kindly take the same on record.