In compliance with Regulation 30 of the SEBI(LODR), 2015, as amended, we would like to inform you that pursuant to Letter of Offer ('LOF') dated May 28, 2024, and in accordance with the finalization of the basis of allotment of the Rights Issue as approved by BSE Limited ('BSE'), the designated stock exchange for the Rights Issue, Merchant Bankers, and Registrar to the Issue, the Board of Directors at its meeting held today i.e. July 01, 2024 has considered and approved the allotment of 15,36,24,538 Fully Paid-up Rights Equity shares of face value of Re. 1/- each at a price of Rs. 3.25/- per Rights Equity share (including premium of Rs. 2.25/- per share) to the eligible applicants. Subsequently, Post allotment, paid up capital of the Company stand increased to 106,76,90,544. All capitalized terms used herein but not defined shall have the meaning as described to such terms in the Letter of Offer ('LOF') dated May 28, 2024.