The board of directors of the company at their meeting held on 24th January 2024 has considered and approved - 1. Employee Benefit Program through Employee Stock Option Scheme, 2. Raising of funds upto Rs. 49,90,00,000/- (Rupees Forty-Nine Crores Ninety Lakhs only) through Rights Issue of Equity Shares of the Company, 3. Sub-Division/Split of existing fully paid-up equity share of the Company from 1 (one) equity share having face value of Rs. 10/- (Rupees Ten only) each to 5 (five) equity shares having face value of Rs. 2/- (Rupees Two only) each, 4. Issue of 5,10,00,000 (Five Crores Ten Lakh) Bonus equity shares in the ratio of 1:1, subject to necessary approvals as may be required and other business matters as mentioned in outcome. Kindly refer the board meeting outcome for further details.