this is to inform that in terms of the Letter of Offer dated May 25, 2023 and in accordance with the Basis of Allotment finalized in consultation with BSE Limited (Designated Stock Exchange), the Lead Manager to the Issue and the Registrar to the Issue, the Rights Issue Committee of Board of Directors of the Company has, at its meeting held on today, i.e., 3rd July, 2023, approved the allotment of 7,00,00,000 Rights Equity Shares of face value of ?5 each at a price of ?9 per Rights Equity Share including a share premium of ?4 per Rights Equity Share. Further you are request to refer the attached letter.