We acknowledge the receipt of your email dated April 19 2023 carrying subject as Non-submission ofStatement of Deviation(s) or Variation(s) for the quarter ended December 31 2022.Please find enclosed herewith a statement indicating no deviation or variation in utilization of proceedsreceived from the Preferential Issue of Rs11 55 00 000 during the quarter ended December 31 2022. Astatement of deviation duly reviewed by Audit Committee is attached herewith as Annexure A.This disclosure is being made in terms of the SEBI Circular No. CIR/CFD/CMD1/162/2019 datedDecember 24 2019 read with Regulation 32 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations 2015.
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