Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to the disclosure of Outcome of Board Meeting of our Company dated 10th June, 2021, and pursuant to the Amendment to the Investment Agreement entered into between Karvy Capital Limited Demeter Portfolio and our Company, we hereby inform that our Company has completed payment of the third and the final tranche towards Put Option Price of the 9% Cumulative, Non-Convertible, Compulsorily Redeemable Preference Shares of the Company, which are unlisted on the stock exchanges, redemption of which, shall be completed in due process. Kindly take the above information on record.