Key Correction

The original letter incorrectly stated that the company's financial statements were prepared in accordance with Indian Accounting Standards (Ind AS). The company clarifies that its financial statements are prepared in accordance with Indian Generally Accepted Accounting Principles (Indian GAAP), as applicable to the company.

Corrected Text

The last paragraph of the clarification letter should read: "The Company continuously monitors its receivables, undertakes regular recovery efforts, and assesses the recoverability of outstanding amounts in accordance with the applicable provisions of the Companies Act, 2013 and the applicable Indian Generally Accepted Accounting Principles (Indian GAAP). Necessary provisions, wherever considered appropriate, are made in the financial statements."

Scope of Change

Except for the above correction regarding the accounting standard, all other contents of the clarification letter dated June 29, 2026 remain unchanged.