Dear Sir/Madam, With reference to the above captioned subject and in accordance with Regulation 29(1)(d) and 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of our Company at its meeting held on Thursday, 20th October, 2022 at Registered office of the Company to inter-alia considered and approved the following: a) To take note of call money received on 60,00,000 Convertible Warrants on which remaining 75% of Issue Price, i.e Rs 7.50/- per warrant from the allottees is received. b) Allotment of 60,00,000 Equity Shares pursuant to conversion of 60,00,000 convertible warrants on preferential Basis to Promoters and Non promoters. The Board Meeting was commenced at 03.00 PM and concluded at 4.00 PM. Kindly take the note of the same.