Further to our intimation dated October 20, 2022, and pursuant to Regulation 30 of the Listing Regulations, we hereby inform that the Board of Directors of the Company in its meeting held today, has, inter alia, approved raising of funds by way of issuance of Non-Convertible Debentures (''NCD's) of up to Rs. 2,000 crores in one or more tranches on private placement basis. In this regard, the Board has authorized a Committee of Directors to determine the detailed terms and conditions thereof and the same will be informed to the Stock Exchanges in compliance with the requirements of the Listing Regulations as and when approved. The Board Meeting commenced at 4.10 p.m. and concluded at 8:23 p.m.