Pursuant to Regulation 32 of SEBI (LODR) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of the proceeds during the quarter ended December 31, 2024, from the objects stated in the letter of offer for the funds raised by the Company. A Statement of Deviation stating that there is no deviation or variation in the utilization of proceeds , duly reviewed by the Audit Committee, is attached.\r\n\r\nWe request you take the above information on record and acknowledge receipt of the same.