Clarification to Intimation dated 12th January 2024, Pursuant to Regulation30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 (\Listing Regulation\) , we hereby clarify that an application has been filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rule, 2016, by IDBI Trusteeship Services Limited on behalf of the Debenture Holder i.e. Swamih Investment Fund-1 (Swamih Debenture holder / Financial Creditor) for the debenture issued by M/s. Ansal Crown Infrabuild Pvt. Ltd. for debt financing for completion of its stalled project, before the Hon'ble NCLT, New Delhi Bench for initiation of Corporate Insolvency Resolution Process in the matter of M/s. Ansal Buildwell Limited (Corporate Guarantor) due to invoking the Corporate Guarantee of total outstanding a sum of Rs. 6,60,35,937/-, for which the Company is at the stage of resolving the matter amicably.