Date: August 19, 2026
Regulatory Compliance Update
The company submitted this clarification/undertaking to the National Stock Exchange of India Limited (NSE) in response to NSE's requirement letter dated August 18, 2026.
This communication references:
- In Principle Application filed with NSE on July 25, 2026
- Notice of the Extra-Ordinary General Meeting (EGM Notice) submitted to NSE
- Specific requirement from NSE's letter dated August 18, 2026
Key Undertaking
The company confirms and undertakes that it shall not reallocate any excess Galilei Subscription Amount earmarked for a specific Purpose which remains unutilized to General Corporate Purposes. This specifically addresses point no. (i) as mentioned at page 24 of the EGM Notice.