Allotment of 18,00,000 fully Paid-up Equity Shares pursuant to conversion of 18,00,000 convertible warrants (Out of a total 70,00,000 Convertible Warrants) having a face value of Rs. 10.00/- each, at an issue price of Rs. 16.80/- each (including premium of Rs. 06.80/- each), on receipt of the balance amount, i.e., 75.00% of the issue price per warrant, from Mr. Ashok Dilipkumar Jain, Ms. Viha Ashok Jain and Ms. Sonali Abhaykumar Parmar, the allottee(s) belonging to the non-promoter category, upon exercise of option to convert the Warrants into Equity Shares in accordance with the provisions of SEBI (ICDR) Regulations, 2018.