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approvals, Company on 05.01.2022, allotted 13,50,00,000 Warrants on preferential basis to a Promoter Group Entity. In terms of issue, Warrant are convertible into, or exchangeable for, 1 fully paid-up equity share of Company having face value of Rs. 1/- each, within a period of 18 months from date of allotment. Owing to pending litigations and Orders of Honble Debt Recovery Tribunal (DRT), Warrant holder is constraint to seek conversion of warrants into shares and accordingly warrants could not be converted into equity shares of Company on said due date. Requisite application was filed with SEBI in this regard, seeking exemption with regard to conversion of said Warrants. SEBI vide its communication dated 24-08-2023, has inter alia advised Company that Company may seek exemption from SEBI post final order of DRT and to abide by directions of the DRT. The details of convertible warrant held by Promoter Group is not provided in the Promoter and Promoter Group sheet, since the same will increase the number of shareholders of the Company, which will not match with the benpos provided by RTA. 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