Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with applicable SEBI circulars, we hereby inform the Exchange that the Board of Directors of the Company, at its meeting held today to considered and approved the allotment of 2,37,500 (Two Lakh Thirty-Seven Thousand Five Hundred) fully paid-up equity shares of INR. 10/- (Indian Rupees Ten Only) each on a preferential basis to the prospective promoters of the company in accordance with the order of the Hon''ble National Company Law Tribunal.