Keycloak-database.sql file is not generated while upgrading database using "manual" migration strategy

I am upgrading my application from Keycloak version 18 to 24.0.1. I tried building and starting keycloak server. I can see server starting but can’t find keycloak-database.sql file generated. Any help is highly appreciated.
Command used :

Build : kc.bat build --db=mssql --http-relative-path /auth
Start : .\kc.bat start --http-relative-path /auth --http-port 6080 --db mssql --db-schema dbo --transaction-xa-enabled false --http-enabled=false --db-url “XXXXXX” --db-username XXX --db-password XXX --spi-theme-static-max-age=-1 --spi-theme-cache-themes=false --spi-theme-cache-templates=false --log-console-color true --log-level info --hostname localhost --spi-connections-jpa-quarkus-initialize-empty=false --spi-connections-jpa-quarkus-migration-strategy=manual --spi-connections-jpa-quarkus-migration-export=“/location/file.sql” --https-port=6443 --https-key-store-file=/location/to/conf/keystore.jks --https-key-store-password=XXXXXXXXXXX