Pursuant to Regulation 32(1) of SEBI (LODR) Regulations,2015 and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated 24.12.2019. A Statement indicating deviation or variation in utilization of proceeds raised through preferential issue during the period ended 30.09.2024 was placed before the Audit Committee of the Company at their meeting held on Thursday, October 24, 2024, the same is enclosed herewith for your reference.