Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that the Board of Directors at their meeting held today, Tuesday, 27th June, 2023 have allotted 1,30,00,000 (One Crore Thirty Lakhs) warrants at a price of Rs.40.50 per warrant aggregating to Rs.52,65,00,000/- (Rupees Fifty Two Crore Sixty Five Lakh Only) convertible into equal number of equity shares within a period of 18 (Eighteen) months from the date of allotment of the Warrants to the allottees as disclosed in Annexure-I on Preferential Basis in accordance with the special resolution passed by shareholders in Extraordinary General Meeting held on 16 June, 2023 and pursuant to the In-Principle approval received from BSE Limited vide its letter number LOD/PREF/CP/FIP/228/2023-34 dated June 15, 2023 and National Stock Exchange of India Limited vide its letter number NSE/LIST/35699 dated June 15, 2023.