This has reference to your above cited letters seeking clarification on the subject matter.
In this regard, we inform you that we have not yet been served with the legal notice as to the institution of legal proceedings against the Company as alleged in the article but we learnt about the alleged proceedings from the media.
We further inform you that as and when we receive the notice about the institution of proceedings against the Company, we take legal advice and communicate suitably at an appropriate time.
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