In terms of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on March 10, 2021 has inter-alia transacted the following businesses: 1. Increase in the Authorised Share Capital from Rs. 1,00,00,000/- to Rs. 4,70,00,000/- 2. Adoption of Memorandum of Association as per the provisions of Companies Act, 2013 3. Adoption of Articles of Association as per the provisions of Companies Act, 2013 4. To Call an Extra Ordinary General Meeting for this purpose. The Board also decided not to proceed further with the Right Issue for the time being.