In continuation to our letter dated 09.02.2024, it is hereby informed that 1886500 equity shares pledged by the promoter were released from pledge on 09.02.2024. Accordingly, as on date the total number of equity shares pledged has been reduced to 29,08,500 which is 1.85% of total paid up share capital of the company and 3.04% of total promoters'' shareholding. Further, it is apprised that lender in the process of releasing the remaining shares pledge by the promoter which shall be concluded in the next 7 working days. Subsequently, the promoters holding under pledge shall be reduced to NIL.