Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), this is to inform that the Board of Directors ('Board') of the Company at its meeting held today i.e. October 14, 2024, inter-alia, has considered and approved the following: 1. Raising of funds up to Rs. 96.00 Crores by Preferential Issue of Convertible Warrants 2. Fixing the date of the EGM and approving the notice along with the Explanatory Statement for the Preferential Issue. 3. Appointment of Mr. Umesh P. Maskeri, Practicing Company Secretary, as a Scrutinizer for the purpose of scrutinizing the E-voting process in a fair and transparent manner.