Pursuant to Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations 2015 please find enclosed Form C dated December 12 2025 received from Mr. Girish Keshavji Cheeda immediate Relative of KMP of the Company in respect of the acquisition of equity shares upon conversion of convertible warrants. It is hereby clarified that Mr. Girish Keshavji Chheda has acquired the said shares upon conversion of convertible warrants and not through trading in the shares of the Company. You are requested to kindly take the above disclosure on record and disseminate the same on your website