The Board of Directors of the Company at their meeting held today i.e. June 06, 2023, approved the raising of funds, through issuance and allotment of equity shares of face value ? 10 each ('Equity Shares') for an aggregate amount less than ? 40.00 crores (Rupees Forty Crores), on rights basis on such terms (to be decided later) to the eligible equity shareholders of the Company, as on the record dated (to be notified subsequently), subject to receipt of regulatory/ statutory approvals, in accordance with the applicable laws including the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI LODR Regulations 2015, the Companies Act, 2013 and rules made thereunder, as amended from time to time and approved other related matters.