We have received an administrative warning letter from the Securities Exchange Board of India (SEBI) on Wednesday, May 31, 2023, a copy of which is enclosed. The letter is in regard to the Shareholding Pattern filed by the Company with respect to the new promoter (Dynamic Services & Security Limited) for the Quarters ended June 30, 2022, September 30, 2022, December 31, 2022 & March 31, 2023 without filing an application for reclassification with BSE. As advised by SEBI, our Company has placed this communication before the Board of Directors on Tuesday, June 06, 2023. Further, we would like to state that our Company has already made a reclassification application to BSE on Saturday, May 13, 2023 seeking approval from BSE for the reclassification of Mr. Sudhir Ostwal, M/s. Sudhir Ostwal And Sons and Ms. Shalini Sushil Jain from Promoter and 'Promoter Group' to 'Public' category under Regulation 31A(10) of SEBI Listing Regulations. We request you to take the information on record.