Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Director of the Company has, at its meeting held on today, i.e. May 08, 2024 the meeting commenced at: 4: 00 PM and concluded at 05:30 PM inter alia, considered, discussed and approved the draft scheme of capital reduction of the Company (under section 66 read with applicable rule & regulations and other applicable provisions of the Companies Act, 2013) subject to the necessary approvals. outcome attached herewith.