Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Adjudication Order dated June 30, 2022. The Adjudicating Officer of SEBI via order dated June 30, 2022, has imposed penalty of Rs. 10,00,000/- under Section 15H(ii) of SEBI Act, 1992 on Shrimati Vimaladevi R. Tikmani, Ms. Pooja Tikmani, Mr. Rishi Tikmani, Rajendra Tikmani HUF to be paid jointly and severally for violation of Regulation 14(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 1997. The said order was received by the company today via email. Company has not decided any further course of action. Company will intimate the same once action to be taken is determined.