With reference to the captioned subject, we wish to inform you that the Board of the Directors of the Company at their meeting held today i.e., Tuesday, 11th June, 2024 has considered and approved the allotment of 19,00,000 Equity Shares of Rs. 10/- (Rupees Ten only) each at par amounting to Rs. 1,90,00,000/- to Acquirers cum Promoters & Non-Promoters on Preferential Allotment basis through Resolution passed on 5th April 2024 by means of Postal Ballot via Remote e-voting pursuant to the provisions of Section 42, 62 and other applicable provisions of The Companies Act, 2013 for which In Principle approval has been received from BSE Limited vide Letter no. LOD/PREF/AB/FIP/337/2024-25 dated 29th May, 2024.