We informed you that the Board of Directors of the Company at its meeting held on January 10, 2024, inter alia, has transacted the following: 1. Allotment of Share Warrants on Preferential Basis We would like to inform you that, pursuant to the special resolution passed on December 04, 2023 by the members of the Company, under chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Section 62 and 42 of the Companies Act, 2013 read with the relevant rules framed there under, the board of directors at its Meeting held today January 10, 2024 at 06:30 P.M and concluded at 07:00 P.M. at the registered office of the Company approved the allotment 2,25,00,000 (Two Crores Twenty Five Lacs) convertible warrants at a Price of 16/- each on preferential basis.