The Board of the director of the company in its meeting held today ,discussed about the current adverse market conditions and a significant decline in the share price of the company. Given the current volatility in the market, the board believe that proceeding with the proposed issuance of share warrants may not be in the best interest of the shareholders. Company stands committed to safeguarding the long-term value of the shareholders and aim to continue to monitor the market conditions closely.\r\nthe Board has concluded that EGM scheduled to be held on 07th April,2025 shall stand cancelled and issue of share warrants convertible into equity shares to the proposed allottees stands cancelled and E voting facility on the said item of business also stands cancelled.