We wish to inform that, the Board of Directors of the Company at its meeting held today i.e. on Thursday, 03rd October, 2024, which commenced at 01:00 PM and concluded at 01:30 PM, inter-alia considered / noted / approved the allotment of 38,04,348 new Equity Shares of Rs. 10/- each of AWL in accordance with the share exchange ratio provided in the Scheme, to / for such eligible shareholders of ADFL, who were holding shares as on the Record Date. The said Equity Shares shall be listed on the stock exchanges and shall rank pari passu in all respects with the existing Equity Shares of the Company.