Pursuant to the second proviso to Regulation 30(6) and Schedule III 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. 31st July, 2024 at Company's Corporate office situatd at 521/5, Anna Salai, Nandanam, Chennai - 600035, which commenced at 4:00 P.M. and concluded at 5:00 P.M. have considered and approved the allotment of 95,00,00,000 Fully Paid-up Equity shares pursuant to conversion of 95,00,00,000 warrants having face value of Re. 1.00/- each at an issue price of Re. 1.00/- each, on receipt of balance amount i.e. 75% of the issue price per warrant from the allottees belonging to Non-Promoter category upon exercise of option to convert the Warrants into Equity shares in accordance with the provisions of SEBI (ICDR) Regulations, 2018 and the details of allotment as mentioned in Annexure - I, and Annexure II .