We write to inform you that the company is in receipt of draft letter of offer dated June 12, 2025 in relation to the open offer to the public shareholders of the company made by the Saffron Capital Advisors Private Limited ('Manager to the Offer') on behalf of Lotus Excel Wealth Creators LLP ('Acquirer 1'), HODL Systems LLP ('Acquirer 2'), Bagepalli Vijaykumar Harish ('Acquirer 3') and Rattan Kapoor ('Acquirer 4') (Hereinafter Acquirer 1, Acquirer 2, Acquirer 3 and Acquirer 4 collectively referred to as "Acquirers") for acquiring equity shares of the company as per the requirements of the SEBI SAST Regulation.