Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 and with reference to the disclosure of Outcome of Board Meeting of our Company dated 10th June 2021 and pursuant to the Amendment to the Investment Agreement entered into between Karvy Capital Limited Demeter Portfolio and our Company we hereby inform that our Company has completed payment of the first tranche towards Put Option Price of the 9% Cumulative Non-Convertible Compulsorily Redeemable Preference Shares of the Company which are unlisted on the stock exchanges redemption of which shall be completed in due process.
Kindly take the above information on record.