In compliance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we would like to hereby inform that the Company in its Board Meeting held on Wednesday, 11th September, 2024, which commenced at 10:15 A.M. and concluded at 11:45 A.M. inter alia considered and approved a revised Annual Budget, adjusting the targeted direct sales from Rs. 548 Crores to a range of Rs. 460-Rs. 490 Crores, reflecting a revision of approximately, 14%. Additionally, the capex budget has been deferred from Rs. 60 Crores to Rs. 38 Crores (approx.), representing a 36.67% revision for FY 2024-25. Despite these adjustments, the revised Annual Budget sales revenue remains 17% higher than the actual revenue of Rs. 423 Crores achieved in FY 2023-24