We wish to inform that the Nomination and Remuneration Committee of the Board of Directors of the Company vide resolution passed by circulation on January 18, 2023, has allotted 17,048 (Seventeen Thousand Forty Eight) equity shares of face value Rs. 2/- each, to the employees, upon exercise of stock options under Employee Stock Options Scheme(s) of the Company. Consequent to the aforesaid allotment, the issued, subscribed and paid-up share capital of the Company has increased from Rs. 17,79,55,276/- comprising of 8,89,77,638 equity shares of Rs. 2/- each to Rs. 17,79,89,372/- comprising of 8,89,94,686 equity shares of Rs. 2/- each.