The Allotment Committee of the Board of Directors at their meeting held today i.e. July 14, 2022 have approved allotment of 2,92,35,000 Equity Shares having face value of INR 2/- each as fully paid-up Bonus Equity Shares, in the ratio of 2:1 i.e. 2 (Two) Equity Shares having face value of INR 2/- each for every 1 (One) equity share having face value of INR 2/- each held, to the eligible Shareholders whose names appear in the Register of Members and the list of beneficial owners as on July 12, 2022, being the record date fixed for this purpose.