Pursuant to the approval of the Shareholders through Postal ballot, and pursuant to the receipt of the application money, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. December 09, 2021 has inter-alia; 1. Considered and Allotted 1,00,000 Equity Shares of face value of Rs. 10/- each, for cash, at a price of Rs. 50/- per Equity Share (including a share premium of Rs. 40 per Equity Share) aggregating to Rs. 50,00,000/- on preferential basis to Promoters/Promoter Group; Consequently, the issued, subscribed and paid-up equity share capital of the Company stands increased to Rs.10,00,37,000/- (divided into 10,03,700 equity shares of face value of Rs. 10/- each) from Rs. 9,90,37,000/- divided into 99,03,700 equity shares of face value of Rs. 10/- each).Equity shares allotted on the preferential allotment basis shall rank pari passu with the existing equity shares of the Company in all respects.