(1) Approved the Audited Standalone and Consolidated Financial Results for quarter and year ended 31st March, 2024. We enclose herewith a copy of the approved Audited Standalone and Consolidated Financial Results along with the Auditor's Report with unmodified opinions on the aforesaid Audited Financial Results issued by M/s Mehra Goel and Company, Statutory Auditors of the Company. (2) Upon reference by the Audit Committee, the Board approved a clarification on the objective of the preferential issue, which was initially approved by the Board of Directors in their meeting on December 1, 2023, and subsequently by the members in the extraordinary general meeting on December 24, 2023. The clarification specifies that the phrase 'backward or forward integration, direct or indirect activities, in an organic or inorganic manner' implies and includes 'investment in subsidiaries by way of securities, capital, loans, advances, etc.' Further details are in attached letter.