IGC Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/01/2025 ,inter alia, to consider and approve 1. To discuss and take final decision on acquisition of equity shares of M/s CNX Corporation Limited ("CCL"), from the existing shareholders of "CCL", on which the Board of Directors has given their initial approval in its meeting held on 9th December 2024, the board will decide the no. of shares to be acquire, price of acquisition, mode of payment consideration etc. and other terms and conditions for acquisition of Eq. Shares of "CCL" subject to the due diligence and valuation reports in its meeting. 2. To take on records the valuation repots, due-diligence reports, Compliance Certificate/Pricing Certificate etc. as required for above stated matter and agendas. 3. To discuss and approve the proposal for offer, Issue, and allot Equity Shares of the company on a Preferential Basis to the shareholders of M/s CNX Corporation Limited ("CCL") for consideration other than cash (share swap), which will be