Pursuant to Regulation 32 (6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 and Regulation 41 (4) of the SEBI (Issue of Capital and Disclosure Requirement) Regulations 2015 we are enclosing herewith Monitoring Agency Report for the quarter ended March 31 2023 issued by CARE Ratings Limited Monitoring Agency with respect of utilization of proceeds of the Initial Public Offering of the Company.