This is further to our intimation dated 24th September, 2022 pertaining to receipt of request from SVL Limited, Promoter of the Company, requesting its reclassification from 'promoter' category to 'public' category in accordance with Regulation 31A (9) of the Listing Regulations pursuant to 'Resolution Plan approved under RBI (Prudential Framework for Resolution of Stressed Assets) Directions, 2019 vide Circular dt. 7th June 2019. We wish to inform you that the Company has submitted an application with both the Exchanges in the respective Listing Portals today i.e. 19-10-2022 seeking your approval for the aforesaid request for reclassification. The same may be taken on record.