Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015 read with Regulation 41(4) ofthe Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)Regulations, 2018, please find enclosed herewith Monitoring Agency Report issued inrespect of the utilization of the proceeds of the Initial Public Offer ( IPO ) of the Companyfor the quarter ended March 31, 2025, by Infomerics Valuation and Rating Limited, theMonitoring Agency.