The board of Director has approved the following Resolution, subject to approval of the Shareholders. (i) To place the recommendation to the members at ensuing Annual General Meeting for issuance of Non-Convertible Debentures/ Secured or Unsecured Redeemable Subordinated Debt -Tier-ll NCDs/bond Upto an amount not exceeding Rs. 250 Crores. (ii) To approve the Alteration of Article of Association To place the recommendation to the members at the ensuing Annual General Meeting with respect to the Alteration in the Articles of Association of the Company to comply the requirements of SEBI (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2023 vide its notification dated February 02, 2023.