In accordance with Regulation 30 of the SEBI (LORD) Regulations, 2015, this is to inform you that in its 1st Meeting held on April 10, 2023 the Monitoring Committee duly constituted as per the terms of the approved Resolution Plan inter alia, considered, and discussed the status of implementation of the Resolution plan post approval of the Plan by the Hon'ble NCLT and, various aspects relating to its implementation and the way forward in terms of the activities/milestones as stipulated in the Resolution Plan. The Monitoring Committee also in its meeting has decided to appoint Mr. Venkata Nagarjuna Pavuluri, Member of the Institute of Company Secretaries of India as Company Secretary/compliance officer of the company, pursuant to Section 203 of the Companies Act, 2013 and Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.