Board has considered and approved the allotment of 29,66,667 Equity Shares of ? 10/- (Rupees Ten only) each at a premium of ? 20/- each amounting to Rs. 8,90,00,010/- to Strategic Investors being Non-Promoters on Preferential Allotment basis through Resolution passed in the Extra Ordinary General Meeting held on July 25, 2022 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 E- Letter no. LOD/PREF/MJ/FIP/2469/2022-23 dated August 5, 2022.