We wish to inform you that pursuant to the resolution passed by the shareholders of the Company through AGM of the Company held on 26th August, 2022 for issue of bonus shares, the Board of Directors of the Company in its meeting held today, has approved the allotment of 44,46,651(Forty Four Lakhs Forty Six Thousand Six Hundred and Fifty One) Equity Shares of Rs. 10/- each as fully paid up bonus equity shares, to the members whose name appeared in the register of members / list of beneficial owners as on September 06, 2022, being the record date fixed for the purpose. The shares so allotted shall rank pari passu with the existing Equity Shares of the Company. The such above mentioned shares allotted, shall be credited to the demat account/beneficiary of members holding shares in demat form and shares certificates shall be issued to members holding shares in physical form in compliance with necessary manner and timelines as prescribed and applicable.