Intimation of allotment of 62,85,858 equity shares to the Promoters. This is to inform that, the Board of Directors of the Company has today, through resolution passed by circulation approved allotment of 62,85,858 equity shares of the Company, fully paid up, pursuant to conversion of 62,85,858 warrants into equity to the Promoters, Mr. D. Uday Kumar Reddy and Ms. D. Tanuja Reddy.