Disclosure under SEBI Takeover Regulations

Navin Bachubhai Doshi and Kundan Navinchandra Doshi, likely members of the promoter group, have submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to the Exchange. This regulation typically requires disclosure of creation, invocation, or release of encumbrances (pledges) on shares. The specific details of what was disclosed are not provided in this announcement.