This is in continuation to our intimation dated October 27, 2022, and supersession of the earlier intimation made to Exchanges on November 16, 2022. Please be informed that in the meeting of the Committee of Creditors (CoC) held on November 15, 2022, resignation of Mr. Harish Kumar Mittal (DIN: 00007690), Director of the Company, was taken up as an agenda item. The CoC deliberated on and discussed the same and concluded that in view of ongoing litigations of the matter in full knowledge of Mr. Mittal, Mr. Harish Mittal be requested to defer his resignation and provide the required cooperation to the litigation matters pending before Hon'ble CBI Court. Accordingly, the decision of Mr. Harish Mittal is awaited. A copy of letter dated November 29, 2022, addressed to Mr. Mittal in this regard is enclosed herewith, which is self-explanatory.