Murudeshwar Ceramics Ltd

Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby confirm that there was no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Preferential Issue of the Company during the period ended 31st March 2023 as mentioned in the object clause of the Explanatory Statements of Postal Ballot. Please find enclosed herewith a statement in Annexure - A.