This is to inform you that the Board of Directors of the Company at its meeting held on February08, 2023, inter alia, has transacted the following: We would like to inform you that, pursuant to the special resolution passed on January 21, 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 February08, 2023 at 4:30 P.M and concluded at 6:45 P.M. at the registered office of the Company approved the allotment 58,00,000 convertible warrants at a Price of Rs. 12/- each on preferential basis, convertible into 58,00,000 Equity Shares of the Company of the face value of 10/- each to the non-Promoters upon receipt of minimum subscription amount as prescribed under Regulation of SEBI ICDR Regulation, 2018.