Pursuant to Regulation 32 of SEBI (listing obligation and disclosure requirement) Regulations 2015 we hereby confirm that there is no deviation or variation in the use of proceeds from the objects stated in the Letter Of Offer for Rights issue of the company dated February 14 2023. A statement confirming that there is no Deviation or variation in the utilization of these proceeds duly reviewed by the Audit Committee attached herewith for the Quarter ended 31.03.2024.