Pursuant to Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the written reasoned recommendations of the Independent Directors Committee (IDC) on the open offer received by the Company from Kubota Corporation (the 'Acquirer') for acquisition of upto 1,04,65,000 Equity shares representing 26.00% of the voting equity share capital of the Company, has been published in the following newspapers on June 2, 2022: Newspaper Language Editions Financial Express English All Editions Jansatta Hindi All Editions Navshakti Marathi Mumbai Punjabi Tribune Punjabi Chandigarh E-copies of the publication on the Recommendations of the Committee of Independent Directors is enclosed herewith for your kind perusal. This is for your information and records.