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Thomas Scott (India): Dissemination Of Information Under Regulation 30 Of The SEBI (LODR) Regulations 2015 - W.R.T Valuation Report

This is to inform you that with regard to the fund raising transaction through issue of Warrants on a preferential basis to Promoter and Promoter Group and other than promoter and promoter group on private placement which was put to vote in the Annual General Meeting of the Company held on September 30 2021 and subsequent dissemination of results as a prudent and a cautious approach notwithstanding the
interpretation of Clause 13(2) of the Articles of Association (AOA) of the Company read with the Companies Act 2013 relevant Rules made thereunder and SEBI (ICDR)Regulations 2018 as amended from time to time the company had sought for the valuation report using multiple methods as detailed below as on the relevant date i.e August 31 2021 by the Independent Registered Valuer Mr. Girish Kambadaraya
Registered Valuer - SFA IBBI/RV/04/2019/11649.

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