With regard to captioned subject, we would like to inform you that Board meeting of the Company was held today on 15TH March, 2024 at the Registered Office of the Company wherein following business were transacted: 1. Approval of Increase in Authorized Share Capital of the Company from Rs. 35,50,00,000/-divided into 3,55,00,000 Equity Shares of Rs.10 each to Rs. 40,00,00,000/- divided into 4,00,00,000 Equity Shares of Rs.10 each, and subsequent change in Memorandum of Association of the Company subject to the approval of shareholder through Postal Ballot. 2. Approval of Preferential Issue of Equity Shares up to 37,02,134 of face value of ?10/- each to persons belonging to Non-Promoter Category and Convertible Warrants upto 10,21,500 of face value of ?10/- to Non-Promoter Category subject to necessary approvals including shareholders approval through Postal ballots.