Pursuant to the members' approval obtained at the Extra-ordinary General meeting of the Company held on January 02, 2024 by means of passing a Special Resolution and 'In-Principal Approval' obtained from the Stock Exchange i.e. BSE Limited, In terms of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company in their meeting held on today i.e. Thursday, February 01, 2024 considered and approved the allotment of 35,00,000 (Thirty-Five Lakhs Only) equity shares, on preferential basis to the following persons belonging to 'Non-Promoter, Public Category', having face value of Rs.10/- each, at an issue price of Rs.178 per equity share (including a premium of Rs. 168 per equity share) for cash consideration, after receipt of amount aggregating to Rs.62,30,00,000 (Rupees Sixty-Two Crores and Thirty Lakhs Only) at the rate of Rs. 178 per equity share