Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the members of the Company in their 27th Annual General Meeting held on Friday, September 16, 2022 at 2.00 pm has approved to amend the Capital clause of the Memorandum of Association of the Company, to increase the authorised share capital of the Company from INR 6,00,00,000/- divided into 60,00,000 equity shares of INR 10/- each to INR 10,00,00,000/- divided into 1,00,00,000 equity shares of INR 10/- each. Accordingly, the existing Clause V of the Memorandum of Association of the Company is substituted with the following clause: 'V. The authorised share capital of the company is Rs. 10,00,00,000 (Rupees Ten Crores only) divided into 1,00,00,000 (One Crore) equity shares of Rs. 10 (Rupee Ten only) each.'