This is to inform you that the members of the Right Issue Oversight Committee of the Board in their meeting held today i.e Saturday, May 18, 2024, inter alia, have considered and approved the allotment of 2,80,00,000 Partly Paid-Up Equity Shares at Price of Rs. 17.50/- per Equity Shares (including a premium of Rs. 7.50/- per Equity Shares). In view of the above, the Paid-Up Equity Share Capital of the Company has increased from Rs. 4,00,00,000/- (40,00,000 Equity Shares of Rs. 10/- each) to Rs. 32,00,00,000/- (3,20,00,000 Equity Shares of Rs. 10/- each).