we wish to inform you that the Securities Committee of the Board of Directors ('Committee') of the Company has today, i.e. October 30, 2024 approved the issue and allotment of 2,72,85,129 Equity Shares of face value of ? 5 each, to eligible QIBs at the issue price of ?146.60 per Equity Share including a premium of ?141.60 per Equity Share, (which includes a discount of 5% (i.e. ?7.71 per Equity Share) to the floor price amounting to ? 154.31 per Equity Share, as determined in terms of SEBI ICDR Regulations), aggregating to ? 400 Crores (INR Four Hundred Crores Only), pursuant to the QIP.