Domestic liquidity conditions have improved notably, supported by the Reserve Bank of India''s accommodative monetary policy stance. Measures such as policy rate reduction, periodic open market operations and sustained liquidity support have infused substantial liquidity into the financial system and reinforced credit flow. As a result, market yields have eased, enabling domestic participants to secure funding at more competitive rates. The Company hereby issues an offer to all the Debenture holder(s) for premature redemption of its NCDs maturing till 30th September 2025. The ALCO Committee of the Company has decided to make this offer to all NCD holders to acquire NCDs maturing till 30th September 2025 on the Exchange at par and hold them as Treasury Stock until maturity. For details refer attachment.