Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements ) Regulations, 2015, we are enclosing herewith a copy of the Monitoring Agency Report issued by CARE Ratings Limited in respect to the utilization of the proceeds raised through issuance of equity shares by way of Initial Public Offering (\IPO\) by the Company for the quarter ended on March 31, 2026.