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0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 60319 95914119 0 0 95914119 100 95914119 0 95914119 100 0 0 0 100 0 0 0 0 95913998 0 0 0 For quarter ended March 2023 revised Share Holding Pattern (SHP) was filed in a manner to resolve query of stock exchanges regarding variation in SHP filed with Stock Exchange and SHP as per record of Depositories (NSDL & CDSL). The SHP was revised and prepared to resolve the issue permanently and to comply para 4.7(ii) of SEBI Master Circular for Depositories dated October 25, 2019 bearing no. SEBI/HO/MRD/DP/CIR/P/118, which states that Depositories may also advise DPs that an off-market transfer of shares leads to change in ownership and cannot be treated as pledge.. This circular came into existence in October 2019, however, Promoters have pledged their shares in the year 2018 much before this circular. Time to time shareholders have filed relevant disclosures under SAST and PIT regulations, hence previously Company was filing SHP in tune with those disclosures, hence there was a discrepancy in SHP. SHP for June Quarter is filed in tune with revised SHP of March 2023 in compliance of above mentioned SEBI circular. Thus Permanent corrective action is initiated to comply with above mentioned SEBI Master Circular. SHP filed for March 2023, June 2023 and now onwards is/will be filed in a manner that acquisition/sale of shares by financer will not have any impact on holding of promoter as off-market transfer are already excluded from Promoters holding and treated as Public Holding. Further to clarify that there is difference in system of uploading at Listing Center / Listing Platform of both exchanges. At BSE, Company can straight file revised SHP and will be uploaded and reflected in system, however at NSE, one needs an approval due to intervention of NSE. Though revised March 2023 SHP is duly taken on record in BSE Listing Center but even after due efforts, same is not revised at NSE. Ideally all relevant SHP should have been modified according to Master Circular dated October 25, 2019, but to avoid future confusion among stakeholders due to potential discrepancy in SHP among Exchange due to different of Listing Platform, Company is not modifying old SHP. However, stakeholders can interpret the same, in light of above mentioned circular & explanation. Now onwards Company will file SHP in tune with above circular. For clarification and understanding of exchange, regulator, investors & stakeholders and also to comply with disclosures requirement of SEBILODR Regulations 31, above explanation will clarify & suffice the purpose to understand that, Promoters' Holding in old SHP includes shares pledge with financer by off-market transfer and from March 2023 onwards, same will not be reflected in promoters holding. 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