In accordance with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held today i.e 06th March 2023 has allotted 3,51,000 Equity Shares of face value of Rs. 10/- (Rupees Ten) each at a price of Rs. 100/- (Rupees Hundred) per share ('including Rs. 90/- per share premium) upon conversion of unsecured loan to M/s. Utsav Securities Private Limited. Subsequently, the paid-up Equity Share Capital of the Company stands increased from Rs. 1,59,95,000/- divided into 1,59,95,000 Equity Shares of Rs. 10/- each to Rs. 1,95,05,000/- divided into 19,50,500 Equity Shares of Rs. 10/- each. The Board meeting commenced at 02:00 P.M and concluded at 03:30 P.M. You are requested to take note of the same.