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respect to the Foreign Portfolio Investor (Category II) under the Statement showing Shareholding Pattern of Public Shareholders, the variance between the number of equity shares held and the number of equity shares held in dematerialised form is attributable to the pending corporate action for the allotment of 40,00,000 equity shares pursuant to the conversion of warrants into equity shares. The Company has also applied for listing approval of these equity shares and the same is under process. 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