Mr. Ravichandran Rajan, the independent director of the company resigned from the post of Independent Director effective from 05.09.2024 due to bad health and personal matters. Sub-paragraph 7(B) of Para A of Part A of Schedule III, requires the company to make disclosures under sub clause (i),(ii), (iii) of sub paragraph 7B, within 7 days from the date of resignation of the Independent Director. Further first proviso to regulation 30(6) states that disclosure with respect to events for which timelines have been specified in Part A of schedule III shall be made within such timelines.. Accordingly, disclosure was made within the stipulated period of seven days. Upon review of your observations, we understand that our interpretation of the proviso to regulation 30(6) led to the delay in providing the required information within 24 days .We submit that the delay was not intentional and we sincerely apologize for the oversight.