Pursuant to Regulation 32(1) of SEBI circular Np. CIR/CFD/CMD1/162/2019 dated 24.12.2019. A Statement indicating deviation or variation in utilization of proceeds raised through preferential issue during the period ended 30th September 2023 was placed before the Audit Committee of the Company at their meeting held on Saturday November 04 2023 the same is enclosed herewith for your reference.Kindly take same into your records.