We wish to inform you that the Meeting of the Board of Directors of the Company was held on Monday, August 29, 2022, wherein the following matters have been discussed and approved: 1. The Board took on record the sanction letter and approved the availment of fund and/or non-fund based facility/ies, aggregating to Rs. 32,45,00,000 (Thirty Two Crores And Forty Five Lakhs only) with Kotak Mahindra Bank Limited, Rajbhavan Branch, Hyderabad. 2. The Board approved for entering into foreign exchange transactions and derivative transactions including forward contracts with Kotak Mahindra Bank Limited, Raj Bhavan Branch, Hyderabad. The Board Meeting commenced at 10:15 A.M. and ended at around 11:05 A.M. This is for your kind information and records.