In accordance with Regulation 32(6) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and applicable Regulation of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, the Monitoring Agency Report in respect of utilization of proceeds of Preferential Issue, for the Quarter ended December 31st, 2025, issued by M/s. CRISIL Ratings Limited, Monitoring Agency is enclosed herewith.