Pursuant to applicable provisions of SEBI Listing Regulations, we wish to inform that today, the Company has issued and alloted an aggregate of 2,25,00,000 fully paid-up equity shares of face value of Rs. 2 each of the Company, to Promoter Group entities, upon conversion of equivalent number of convertible Warrants, upon receipt of 75% of the Issue Price of Rs. 90.30 per equity share. For details, please refer the attachment.