Pursuant to Regulation 30 read with Schedule III and other applicable provisions of Securities and Exchange Board of India (LODR) Regulations 2015, we hereby inform you that the Board of Directors at its meeting held on Wednesday, September 09, 2026 has inter-alia considered and approved, the raising of funds through issuance of fully paid-up equity shares of face value of Rs. 10/- each by way of Rights Issue to the Eligible Equity Shareholders of the Company as on record date (to be determined and notified subsequently) for an amount not exceeding Rs. 62 crores.