With reference to Regulation 76(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Annexure II of circular no. CIR/CFD/CMD/9/2015 dated November 4, 2015 issued by the Securities and Exchange Board of India in relation to two-way fungibility of IDRs, the Company has provided the option of redemption of all outstanding IDRs into ordinary shares of the Company ('Shares') on a continuous basis from March 1, 2016. No such valid withdrawal orders received from the IDR holders in accordance with the process laid down in the updated operating guidelines (within cut-off date). The number of outstanding IDRs as on February 29, 2020 is 8,026,730 IDRs. The headroom available for conversion from Shares into IDRs as on February 29, 2020 is 229,572,070 IDRs. We request you to kindly take note of the above.