This is to inform you that, the Board of Directors at their meeting held on today i.e. 23rd September, 2024 at 03:00 P.M. at Laram Centre, 208 A2 24, S V Road, Andheri (West) 400058, had considered the following matter: 1. Conversion of 1,95,20,000 warrants into 1,95,20,000 Equity Shares of face value Rs. 10/- each out of the warrants allotted by way of preferential allotment to the following persons/entities pursuant to exercise of their right of conversion of warrants into Equity Shares and accordingly the Board of Directors have allotted 1,95,20,000 Equity Shares of face value of Rs.10/- each fully paid up on account of conversion. (Annexure I) Pursuant to conversion, the Issued, Subscribed and Paid-up Equity Share Capital of the Company stands increased to Rs. 39,78,00,000/- consisting of 3,97,80,000 fully paid-up Equity Shares of Rs. 10/- each. The new equity shares so allotted shall rank pari-pasu with the existing equity shares of the Company.