Pursuant to the second proviso to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors in their meeting held today i.e. 23rd March, 2024 at the Registered Office of the Company which commenced at 04:30 P.M. and concluded at 05:00 P.M. has considered and approved Allotted 18,50,000 (Eighteen Lakhs Fifty Thousand) fully paid-up Equity shares of face value of Rs. 10.00/- (Rupees Ten Only) per share, at a price of Rs. 10/- (Rupees Ten Only) per share, aggregating to Rs. 1,85,00,000/- (Rupees One Crores Eighty-Five Lakhs Only) for cash consideration to the person(s)/ entity(ies) belonging to Non-Promoter category on a preferential basis in accordance with provisions of Chapter V of SEBI (ICDR) Regulations, 2018, as mentioned in 'Annexure - I'. of attachement.