In terms of Regulation 32 of SEBI (LODR) Regulations, 2015 we hereby confirm that there is no Deviation and Variation in the use of proceeds from the objects stated in the Letter of Offer for Right Issued of the Company dated February 2023.\r\n\r\nA Statement confirming same duly reviewed by the Audit Committee is attached herewith for the quarter ended 30.09.2025.