This is further to our intimation dated 04th September, 2024 informing approval of First and Final Call Money by the RIC Committee for the issuance of 2,80,00,000 partly paid up right issue of shares to make payment of balance call money i.e Rs 3.50 /- 2 towards Face value and Rs. 1.50 towards Share Premium) by the eligible rights equity shareholders in accordance to provisions of Companies Act, 2013 and rules made thereunder SEBI (LODR) Regulations, 2015 and SEBI (ICDR) Regulations, 2018. Further, RIC in its meeting held on 22nd October, 2024 decided to allot and convert 2,76,00,920 partly paid up equity shares having paid up value 14/- (Rs. 8 towards face value of Rs. 8 and Rs. 6 towards premium) of eligible shareholders on receipt of Rs. 9,66,03,220/- in the call money period and in pursuant to Companies Act, 2013 and rules made thereunder, the SEBI (ICDR) Regulations, 2018 and also avail listing and trading approval from BSE Limited for conversion of partly paid up equity shares.