Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 82(2) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, please find attached Monitoring Agency Report for the quarter ended December 31, 2020, issued by Axis Bank Limited, Monitoring Agency, appointed to monitor the utilisation of proceeds of the Rights Issue of the Company. Please note that no funds were due to be received / received by the Company during the quarter ended December 31, 2020. The entire funds raised by the Company till earlier quarters, have been utilized for the objects stated in the Letter of Offer for Rights Issue of the Company, dated May 15, 2020.