In furtherance to our letter dated 4th June, 2024 and pursuant to the provisions of Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') read together with Para A 4(d) of Part A; Para A 16 (a) of Part B of Schedule III of the Listing Regulations, we hereby inform that at the meeting of Debenture Fund Raising Committee ('the Committee') of the Board held today i.e., 07th June, 2024, the Committee considered and approved issuance of, on a private placement basis, 12% Rated, Listed, Unsecured, Senior, Transferable, Redeemable, Non-Convertible Debentures ('NCDs') each of face value INR 1,00,000/- (Rupees One Lakh only) , at par, with a base issue size upto INR 75 Crore with a Green Shoe Option upto INR 25 Crore aggregating upto INR 100 Crore for a period of 18 months.