Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("Listing Regulations"), we wish to inform that the Board of Directors at its meeting held today i.e. on June 8, 2024, inter-alia has considered and approved the allotment of 35,96,423 Right Equity Shares of face value of Rs. 10/- each for cash at a price of Rs. 10 per Right Equity share at par ('the issue Price') in terms of Letter of Offer dated 18.04.2024 and in accordance with the Basis of Allotment finalized in consultation with the Designated Stock Exchange and the Registrar to the issue. The details are given in the file enclosed herewith.