1. inter-alia to issue and allot upto 45,11,535 equity shares of face value of Rs. 10/- (Rupees Ten Only) each of the Company, on a Preferential Basis ('Preferential Issue'), at an Issue price of Rs. 130/- (Rupees One Hundred and Thirty only) to the specified shareholders of Solitude Flame Private Limited ('SOL'), in accordance with Chapter V of the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. 2. The Company has entered into a Share Swap Agreement dated 16th February, 2024 with Solitude Flame Private Limited and its shareholders for purchase of 51,000 equity shares, aggregating to 51.00 % of the total share capital of SOL in exchange of 45,11,535 equity shares of face value of Rs. 10/- each of ntc industries limited, by way of Preferential Issue, at an Issue price of Rs. 130/-