Dear Sir/Madam, With reference to the captioned subject and in furtherance of the meeting of the Board of Directors held on 06th May, 2024 this is to inform you that pursuant to the approval received for finalizing the basis of allotment from BSE Limited on 06th May, 2024, the Board of Directors of the Company in their Meeting held on 06th May, 2024 has allotted 1,44,00,000 Equity Shares face value of Rs. 10/- each on Rights basis to the eligible existing equity shareholder of the Company as on record date i.e March 27, 2024