Further to our letter dated 28th April, 2023 intimating you about the meeting of the Qualified Institutions Placement ('Committee') of the board of directors ('Committee') to be held on May 4, 2023 in respect of the Issue, we wish to inform you that the Committee at its meeting held today, i.e. May 4, 2023 has, inter alia, passed the following resolutions: a. Approved the closure of the Issue today, i.e. May 4, 2023; b. Determined and approved the issue price of ?270 per Equity Share (including a premium of ?268 per Equity Share), determined as per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue; c. Approved and adopted the placement document dated May 4, 2023; and d. Approved and finalised the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue.