KSS: Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.

Pursuant to Regulation 30 read with Clause 16 of Part A of Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that a petition under Section 7 of the Insolvency and Bankruptcy Code 2016 has been filed by Micro Capitals Private Limited to initiate Corporate Insolvency Resolution Process (CIRP) of the Company before the Honble National Company Law Tribunal Mumbai.In this context we would like to inform you that the Company has received the notice of said case from its advocate vide email dated 10th June 2022 As per the above said petition Micro Capitals Private Limited has allegedly claimed that the total amount in default with respect to the financial facility is Rs. 67.12 Crores. However the Company is compiling information to verify the facts claimed in said petition filed by Micro Capitals Private Limited.