Please find below the outcome of meeting of the Committee of Independent Directors for Open Offer held on December 06, 2024, inter alia has transacted the following:The Committee of Independent Directors at its meeting held on today discussed, analysed and reviewed that the open offer given by Acquirers pursuant to Public Announcement dated 23rd September, 2024, Detailed Public Statement dated 20th September, 2024 and Letter of Offer dated 27th November, 2024. The Committee of Independent Directors has concluded that open offer is fair and reasonable.