This is further to our letter dated 8th October, 2021, please be informed that pursuant to orders dated October 08, 2021 of the National Company Law Tribunal, Kolkata Bench ('NCLT'), corporate insolvency resolution process ('CIRP') has been initiated against Srei Infrastructure Finance Limited and Srei Equipment Finance Limited (a wholly owned subsidiary of Srei Infrastructure Finance Limited) (collectively 'Companies'), respectively, as per the provisions of the Insolvency and Bankruptcy Code, 2016 ('Code'). Copies of the said orders are enclosed as Annexure A (for Srei Infrastructure Finance Limited) and Annexure B (for Srei Equipment Finance Limited), respectively. Shri Rajneesh Sharma has been appointed as the Administrator for the Companies, via orders dated October 08, 2021.