Pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations, we would like to inform you that a meeting of the board of directors of the Company was held today i.e. 24th July, 2021, pursuant to which the following were considered and approved: Approved raising of funds by issuing of equity warrants of the Company on a preferential issue basis in accordance with the provisions of the Companies Act, 2013, Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and such other acts, rules and regulations as may be applicable, subject to approval of the shareholders of the Company in upcoming Annual General Meeting. The information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure I to this letter. Kindly take the same on your record.