Dear Sir/ Madam, Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2018, we hereby confirm that there is no deviation or variation in use of funds raised on exercise of option for Conversion of Warrants into Equity Shares. The proceeds remained un-utilized as on 30/09/2024. A statement of deviation, duly reviewed by Audit Committee is attached herewith as Annexure- A.