This is to inform you that the Board of Directors at its meeting held today have inter-alia considered and approved the following: a) Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30th September, 2022. b) Increase in Authorized Share Capital of the Company from Rs. 25,00,00,000/- divided into 2,50,00,000 Equity shares of ?10/- each to Rs. 75,00,00,000/- divided into 7,50,00,000 equity shares of Rs. 10/- each and consequent amendment to Clause V of the Memorandum of Association of the Company, subject to the approval of the Shareholders in the General Meeting; and c) Issuance of Bonus Shares in the proportion of 2 (TWO) Equity Shares of Rs 10/- each for every 1 (ONE) existing Equity Share of Rs 10/- each held by the Shareholders of the Company as on the record date., subject to the approval of the Shareholders in the General Meeting.