We refer to our intimations dated 27th December, 2022, wherein we had informed to you that the Board of Directors of the Company had approved the offer and issuance of fully paid-up equity shares of the Company, by way of a rights issue (the 'Rights Issue'), in accordance with the Companies Act, 2013, as amended and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended, other applicable laws. We also refer to our intimation dated 20th March, 2023 wherein we had notified you about convening the meeting of Rights Issue Committee. Pursuant to the above referred, we wish to inform you that the Rights Issue Committee of the Board of Directors of the Company, at its meeting held today i.e., 23rd March, 2023 has inter alia considered and approved the following terms of the Rights Issue: Detailed Letter enclosed