With reference to captioned subject and in furtherance of Rights Issue of the Company, this is to inform that in terms of the Letter of Offer dated April 02, 2024 and in accordance with the Basis of Allotment finalized in consultation with BSE Limited (Designated Stock Exchange), and the Registrar to the Issue, the Rights Issue Committee of the Company has, at its meeting held on today, i.e., Wednesday May 22, 2024, approved the allotment of 1,63,29,600 Rights Equity Shares of face value of ?10/- each at a price of ?18/- per Rights Equity Share including a share premium of ?8/- per Rights Equity Share