We hereby inform you that the Company has today approved allotment of the following securities; (a) 18,25,000 equity shares at a price of Rs. 160/- per equity shares (which includes premium of Rs. 150/- per share) to the following investors belonging to Non- Promoter category aggregating to Rs.29,20,00,000/-; (b) 3,50,000 warrants convertible ('warrants') into equity shares at a price of Rs. 160/- per warrants (which includes premium of Rs. 150/- per warrants) to the investors belonging to Promoter and Non-Promoter, aggregating to Rs. 5,60,00,00,00/-