Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, we hereby inform you that the Board of Directors of the Company in the Board meeting held at shorter notice on 17th December 2022 at the registered office of the Company have allotted 10,90,800 (Ten Lakhs Ninety Thousand & Eight Hundred) Equity Shares on preferential basis having a face value of Rs. 10/- each at a price of Rs. 34.61/- per share, aggregating to Rs. 3,77,52,588?/- (Rupees Three Crores Seventy Seven Lakhs Fifty Two Thousand and Five Hundred Eighty-Eight Only).