1. In furtherance to our letter dated 17th September, 2024, the Board at its meeting held today, i.e., Friday, 20th September, 2024, considered and approved the Draft Letter of Offer for the proposed Rights Issue. The Draft Letter of Offer is to be filed with the BSE Limited ('BSE') for their in-principle approval. Further, the terms of the issue & pricing will be determined by the Board of Directors/Rights Issue Committee at a later date. 2. The Board reviewed day to day affairs of the company.