Pursuant to the approval of the Shareholders in the Extra Ordinary General Meeting dated October 17, 2022, and pursuant to the receipt of the application money, we would like to inform you that at the meeting of the Board of Directors of the Company held today i.e. Monday, the 13/02/2023 which commenced at 03:30 P.M. and concluded at 04:30 P.M., have, amongst the other items of Agenda, considered, approved and taken on record:- a) Considered and Allotted 7,80,000 Equity Shares of face value of Rs. 10/- each, for cash, at a price of Rs. 70/- per Equity Share aggregating to Rs. 5,46,00,000/- on preferential basis to Promoters/Non-Promoters/Public; Consequently, the issued, subscribed and paid-up equity share capital of the Company stands increased from Rs. 6,09,22,000/- to Rs. 6,87,22,000/-. Equity shares allotted on the preferential basis shall rank pari-passu with the existing equity shares of the Company in all respects.