The Board of Directors ('Board') of the Company met today, the 29th September 2020 to consider and approve the issue and allotment of 75,00,000 equity shares of face value of Rs. 2/- each, for cash, at a price of Rs. 160/- per equity share (including a premium of Rs. 158/- per equity share) aggregating to Rs. 120,00,00,000 by way of preferential issue to the following investors: Mrs. Rekha Rakesh Jhunjhunwala 50,00,000 M/s. Basera Home Finance Private Limited 15,00,000 Mrs. Sushma Anand Jain Mr. Anand Jaikumar Jain (Joint Holding) 10,00,000 TOTAL 75,00,000 The meeting of the Board of Directors commenced at 6.00 PM & concluded at 6:40 PM.