Pursuant to the Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that, there are no deviation/ variation in the utilization of proceeds as mentioned in the objects stated in the placement document for Qualified Institutions Placement (QIP) closed on 11th June, 2021, the details of which is enclosed as Annexure A. In terms of SEBI Circular No. CIR/CFD/CMD1/162/2019 dated 24th December, 2019, we enclosed herewith the Statements of Nil Deviation or Variation for the quarter ended 31st December, 2021. The details of the same will also be disclosed on the Company's website at www.inoxmovies.com. We request you to kindly take the same on record.