This is in furtherance to the intimation given by the Company on May 17, 2024 w.r.t. allotment of warrants, each convertible into, or exchangeable for, one equity share of face value of Rs. 10/- each ('Warrants') at an issue price of Rs. 955/- each (Rupees Nine Hundred Fifty-five only) on preferential basis to allottees ('warrant holders'), as per the list forming part of the said letter. Since Ms. Rekha Rajesh Patel, holding 560,000 warrants, and Ms. Vibhuti Jayesh Patel, holding 296,976 warrants (collectively, 856,976 warrants), did not exercise the conversion option within the stipulated period of 18 months from the date of allotment, i.e., on or before November 16, 2025, the amount received against the said 856,976 convertible warrants stands forfeited in accordance with Regulation 169(3) of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and all such warrants stand cancelled without any further notice.