Pursuant to the provisions of the Employee Stock Option Plan of the Company-ESOP 2018 and the applicable provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations 2021 the option grantee has exercised 79 969 options at an exercise price of Rs. 6/- each equivalent to 79 969 Equity shares of face value of Rs. 5/- each (Equity shares) of the Company.