Pursuant to the provisions of Regulation 30 (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform your office that the Board of Directors of our Company in their meeting held on December 21, 2022, at 5:00 p.m. at its Registered Office has allotted 38,98,500 (Thirty-Eight Lakhs Ninety-Eight Thousand Five Hundred) equity shares of Rs. 1/- each bearing Distinctive Nos. 1 to 38,98,500 the shareholders whose names were registered in the Register of Members as on the Record date December 20, 2022 on account of Reduction of Equity Share Capital duly approved by Hon''ble National Company Law Tribunal (NCLT), Mumbai Bench.