Dear sir/ma''am, This is to inform you that the Board of Directors of the company, at its meeting held today i.e., Friday, December 01, 2023 has inter-alia considered and approved the Basis of Allotment. for Rights Issue of the equity shares of the Company and in accordance with the Letter of Offer dated October 30, 2023 and pursuant to finalization of the Basis of Allotment of the Rights Issue in consultation with the designated stock exchange, BSE Limited, Registrar to the Issue, the Lead Manager to the Issue, the Board of Directors of the Company, at its meeting held today, i.e., Friday, December 01, 2023 has inter alia approved the allotment of 2,29,13,202 (Two Crores Twenty Nine Lakhs Thirteen Thousand Two Hundred and Two) Fully paid-up Equity Shares of face value of Rs.10.00/- (Rupees Ten Only) per Equity Share at price of Rs.12.00/- (Rupees Twelve Only) per Right Share to the eligible applicants. Kindly take note of the same.