Management Committee of Board of Directors has at its meeting held today, i.e., Friday, January 20, 2023 approved allotment of 5,000 (five thousand) senior, secured, rated, listed, redeemable, principal protected, market linked, non-convertible debentures (the 'Issue' or 'Debentures' or 'MLDs') of INR 1,00,000 (Indian Rupees One Lakh) each at par for cash, issued through private placement of issue amounts aggregating to INR 50,00,00,000 (Indian Rupees Fifty Crores), on terms and conditions as mentioned in the Placement Memorandum(s). The Disclosures with respect to the Debentures pursuant to SEBI circular bearing reference number: CIR/CFD/CMD/4/2015 dated September 9, 2015 read with Regulation 30 of the SEBI LODR Regulations is mentioned in Annexure - I to the attached file.