With reference to your communication dated July 15 2021 referring to the captioned news article we would like to clarify as under:
We do not comment on media speculation and as and when any proposals are considered by the Board that warrant disclosures the Company complies with the disclosure obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations).
We have made and will continue to make necessary disclosures in compliance with our obligations under the SEBI Listing Regulations and our agreements with the Stock Exchanges.