Indo Tech Transformers Limited in reference to its earlier submission to the exchange on the update on disturbance in the production operation and reference dated April 29, 2024. Insurance amount claimed and
realized by the listed entity for the loss/damage: Not Applicable. The actual amount of damage caused due to the natural calamity or other force majeure events: No quantum of loss/damage is assessable now since the financial impact could be ascertained only basis of consequential loss/damages, if any, sustained by the company. Details of steps taken to restore normalcy and the impact of the natural calamity/other force majeure events on production or service, financials of the entity: The hearing for conciliation posted on May 09, 2024, was postponed to May 10, 2024. The representatives of the Management and Workers/Union were present on the rescheduled date and continued their representation on the subjected VDA matter. After hearing both the parties and detailed discussions, the Conciliation Officer (DCL) has posted the matter for hearing on May 14, 2024, for further discussion and resolution.