Right Issue: The Board has considered the issue of partly paid up equity shares and DVR shares by way of a rights issue to the existing shareholders of the Company in accordance with the provisions of Companies Act, 2013, the SEBI (ICD) Regulations, 2018, as amended and other applicable laws for an aggregate amount not exceeding Rs. 40.00 Crores as approved by it in its meeting held on 07th December, 2023. Constitution of Rights Issue Committee: The Board has constituted the Rights Issue Committee consisting of Mr. Srinivas Maya, Whole-time Director, Mr. Anil Thakur, Independent Director and Mr. Venkateswar Nellutla, Independent Director to decide on the terms and conditions of the Issue.