Pursuant to Regulation 30 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. 2nd February, 2024 at the Registered Office of the Company which commenced at 3:00 P.M. and concluded at 3:30 P.M. have considered, adopted and approved the amendments in the Draft Letter of Offer submitted pursuant to application of In-principle approval of issue of Equity shares of face value of Re. 1.00/- each for cash at an Issue Price of Rs. [ ] per Equity Share aggregating upto Rs. 50,00,00,000/- to all the existing eligible Equity shareholders of the Company on Rights ('Rights Issue').