The Board of Directors in their meeting held on 9th November, 2023 considered and approved raising of funds vide Rights issue by way of issuance of Equity Shares of the face value of Rs. 10 each fully paid up alongwith Detachable Warrants ("Rights Securities") , to the eligible equity shareholders of the Company as on the record date(to be notified later) for a maximum amount of not exceeding Rs. 25 Crores ("the Rights " / "Issue") , subject to applicable laws.