ALLOTMENT OF 240000 EQUITY SHARES OF THE COMPANY UPON CONVERSION OF 240000 WARRANTS In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, we wish to inform that, the Board of Directors of the Company today i.e. 28th September, 2022 has approved the conversion of 240000 fully paid warrants and allotted 240000 (Two Lakhs Forty Thousands ) Equity Shares of Rs.10/- each to Mr. Rameshbhai Devarajbhai Khichadia (2,40,000 equity shares against 2,40,000 warrants) at an issue price of Rs. 67.00/- per share on preferential basis in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.