The Board at its meeting held on 23rd February, 2022 had approved the issue of 1,500 senior, secured, unrated, unlisted, redeemable, non-convertible debentures denominated in Indian Rupees ("INR") of a face value of INR 10,00,000 each, aggregating up to INR 150,00,00,000 ("Debentures") in one or more tranches on private placement basis for the purposes of repayment of existing debt, towards long term working capital purposes of the Company and towards other costs and expenses. The NCD Committee of the Board of Directors of the Company,at its meeting held today i.e. 25th February, 2022, has approved the allotment of 900 senior, secured, unrated, unlisted, redeemable, non-convertible debentures denominated in Indian Rupees {"INR") of a face value of INR 10,00,000 each, aggregating to INR 90,00,00,000 ("Debentures") The details of the said allotment are attached to the letter