Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 41(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed the Monitoring Agency Report for the quarter ended March 31, 2025 issued by ICRA Limited, Monitoring Agency, appointed to monitor the utilization of proceeds of Qualified Institutional Placement of the Company.