In compliance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, read with SEBI circular no CIR/CFD/CMD1/162/2019 dated Decemeber 24, 2019 and BSE email dated April 19, 2023, please find annexed herewith statement of no deviation/variation (s) in the use of proceeds raised vide Preferential issue of shares allotted on April 05, 2022.