Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, and further to our letter dated 12th May, 2023, we hereby inform you that the Company had received the notice from the Office of Collector for payment of Rs. 41,22,48,528/- (Rupees Forty One Crores Twenty Two Lakhs Forty Eight Thousand Five Hundred and Twenty Eight Only) being the charges for the change of user from industrial to residential and non-payment thereof has resulted into Tehsildar having confiscated the entire area of the Registered Office consisting of the land, etc. of the Company and created charge on the assets of the Company to recover the said arrears.