The Board has approved issue of up to 10,00,000 Equity Shares of face value of ?10/- each at a premium of ?1,490/- per equity share, i.e., at an issue price of ?1,500/- per equity share, aggregating up to ?1,50,00,00,000/- (Rupees One Hundred Fifty Crores only), on a preferential basis to non-promoter allottees, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and other applicable laws, subject to the approval of shareholders and necessary statutory/regulatory approvals.