Pursuant to regulation 32 (1) of SEBI (LODR), 2015 read with related SEBI Circular No. CIR/CFD/CMD1/162/2019 Dated December 24, 2019, we hereby confirm that there are no deviation or variation in respect of the utilization of IPO proceeds from the object stated in the prospectus dated October 06, 2023. In this regard, please find enclosed a NIL Statement of deviation or variation in the prescribed format.