This is to inform you that M/s R. Nagpal Associates, Chartered Accountants statutory Auditors of the Company has submitted their resignation with the Company on 18th February, 2021. They have stated in the resignation letter that 'peer review of the firm was completed in January, 2020 and the appointed peer reviewer has submitted two clean reports to the Peer Review Board of ICAI in January, 2020, thereafter, in the wake of COVID-19 spurt, there was nation-wide lock down. As on date, however, the Peer Review Board has still not issued us the final Review Certificate despite the fact that clean reports were issued by the appointed reviewer.'