In reference to our earlier intimation dated 12.10.2023 wherein we had informed you that the National Company Law Tribunal, Ahmedabad (NCLT), has approved the resolution plan submitted by the Company for AMW Autocomponent Limited (AACL, Corporate Debtor), it is hereby further informed that the Board of Directors of the Company at its meeting held today i.e. Tuesday, January 09, 2024, have approved to infuse funds in the AACL, as per the approved Resolution Plan, in the following manner: - a) Infusion of funds by Steel Strips Wheels Limited ('SSWL') SSWL shall infuse Rs. 138.15 Crores into AMW Autocomponent Limited(AACL) through a mix of equity and debt as per the approved Resolution Plan in the following manner: - i) subscription of 50,00,000 Equity Shares of Rs. 10/- each aggregating to Rs. 5,00,00,000/- of AMW Autocomponent Limited (AACL) ii) the remaining amount i.e. Rs. 133.15 Crores as Inter Corporate Loan to AACL.