Shipping Address missing from Order Confirmation email template after Upgrade to magento 2.4.3-p3

I have upgraded my magento version from 2.4.2 to 2.4.3-p3. After upgrade Shipping Address is missing from Order Confirmation Email Template.

Order Confirmation mail before Upgrade

Order confirmation email after upgrade

We can see after upgrade Ship To option is missing from the email template. I have compared the email templates before and after upgrade. The content is same. Only 1 difference is there and that is how Magento fetch the Order Id in the newer version.

Content of email template before Upgrade

{{template config_path="design/email/header_template"}}


<table cellpadding="0" cellspacing="0" border="0" class="email-box">
    <tr>
        <td>
            <table cellpadding="0" cellspacing="0" border="0">
                <tr>
                    <td class="email-heading">
                        <h1>Thank you for your order from {{var store.frontend_name}}.</h1>
                        <p>Once your package ships we will send an email with a link to track your order. Your order summary is below. Thank you again for your business.</p>
                    </td>
                    <td class="store-info">
                        <h4>Order Questions?</h4>
                        <p>
                            {{depend store_phone}}
                            <b>Call Us:</b>
                            <a href="tel:{{var phone}}">{{var store_phone}}</a><br>
                            {{/depend}}
                            {{depend store_hours}}
                            <span class="no-link">{{var store_hours}}</span><br>
                            {{/depend}}
                            {{depend store_email}}
                            <b>Email:</b> <a href="mailto:{{var store_email}}">{{var store_email}}</a>
                            {{/depend}}<br>
              
                  </p>
                </td>
            </tr>
        </table>
    </td>
</tr>
<tr>
    <td class="order-details">
        <h3>Your order <span class="no-link">#{{var order.increment_id}}</span></h3>
        <p>Placed on {{var created_at_formatted}}</p>
    </td>
</tr>
<tr class="order-information test">
    <td>

        {{if order_data.email_customer_note()}}
        <table cellspacing="0" cellpadding="0" class="message-container">
            <tr>
                <td>{{var order_data.email_customer_note|escape|nl2br}}</td>
            </tr>
        </table>
        {{/if}}
{{layout handle="sales_email_order_items" order=$order area="frontend"}}

        <table cellpadding="0" cellspacing="0" border="0">
            <tr>
                <td class="address-details">
                    <h6>Bill to:</h6>
                    <p><span class="no-link">{{var formattedBillingAddress|raw}}</span></p>
                </td>
                {{depend order.getIsNotVirtual()}}
                <td class="address-details">
                    <h6>Ship to:</h6>
                    <p><span class="no-link">{{var formattedShippingAddress|raw}}</span></p>
                </td>
                {{/depend}}
            </tr>
            <tr>
               {{depend order_data.is_not_virtual}}
                <td class="method-info">
                    <h6>Shipping method:</h6>
                    <p>{{var order.shipping_description}}</p>
                </td>
                {{/depend}}
                <td class="method-info">
                    <h6>Payment method:</h6>
                   {{var payment_html|raw}}
                </td>
             </tr>
          </table>
        </td>
      </tr>
    </table>
  {{template config_path="design/email/footer_template"}}

Content of email template after upgrade

{{template config_path="design/email/header_template"}}


<table cellpadding="0" cellspacing="0" border="0" class="email-box">
<tr>
    <td>
        <table cellpadding="0" cellspacing="0" border="0">
            <tr>
                <td class="email-heading">
                    <h1>Thank you for your order from {{var store.frontend_name}}.</h1>
                    <p>Once your package ships we will send an email with a link to track your order. Your order summary is below. Thank you again for your business.</p>
                </td>
                <td class="store-info">
                    <h4>Order Questions?</h4>
                    <p>
                        {{depend store_phone}}
                        <b>Call Us:</b>
                        <a href="tel:{{var phone}}">{{var store_phone}}</a><br>
                        {{/depend}}
                        {{depend store_hours}}
                        <span class="no-link">{{var store_hours}}</span><br>
                        {{/depend}}
                        {{depend store_email}}
                        <b>Email:</b> <a href="mailto:{{var store_email}}">{{var store_email}}</a>
                        {{/depend}}<br>
              
                  </p>
                </td>
            </tr>
        </table>
    </td>
</tr>
<tr>
    <td class="order-details">
        <h3>Your order <span class="no-link">#{{var order.increment_id}}</span></h3>
        <p>Placed on {{var created_at_formatted}}</p>
    </td>
</tr>
<tr class="order-information test">
    <td>

        {{if order_data.email_customer_note()}}
        <table cellspacing="0" cellpadding="0" class="message-container">
            <tr>
                <td>{{var order_data.email_customer_note|escape|nl2br}}</td>
            </tr>
        </table>
        {{/if}}
{{layout handle="sales_email_order_items" order_id=$order_id area="frontend"}}

        <table cellpadding="0" cellspacing="0" border="0">
            <tr>
                <td class="address-details">
                    <h6>Bill to:</h6>
                    <p><span class="no-link">{{var formattedBillingAddress|raw}}</span></p>
                </td>
                {{depend order.getIsNotVirtual()}}
                <td class="address-details">
                    <h6>Ship to:</h6>
                    <p><span class="no-link">{{var formattedShippingAddress|raw}}</span></p>
                </td>
                {{/depend}}
            </tr>
            <tr>
               {{depend order_data.is_not_virtual}}
                <td class="method-info">
                    <h6>Shipping method:</h6>
                    <p>{{var order.shipping_description}}</p>
                </td>
                {{/depend}}
                <td class="method-info">
                    <h6>Payment method:</h6>
                   {{var payment_html|raw}}
                </td>
             </tr>
           </table>
        </td>
     </tr>
   </table>

{{template config_path="design/email/footer_template"}}

I googled this issue but did not find any solution. And also we can see Ship to address is called in email template but it is blank when the mail is received. Could some one guide me with this.