Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, the Board of Directors of the at their meeting held on today i.e. Thursday, April 27, 2023 at the Registered Office of the Company inter-alia, has, considered approved Issuance and allotment of upto 4,20,00,000 Equity Shares (Four Crores Twenty Lakh) of face value of Rs.10 (Rupees Ten Only) to the non-promoters, on preferential basis in terms of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the 'ICDR Regulations') as amended, Companies Act, 2013 and other applicable laws, at price of Rs. 10/- (Rupees Ten Only) per share (being the price not less than the minimum price determined with reference to the Relevant Date in accordance with Regulation 165 and 166A of the ICDR Regulations) aggregating upto maximum amount of Rs. 42,00,00,000 (Rupees Forty-Two Crores Only).