Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015 we wish to inform you that the securities allotment committee of board of directors of the company at their meeting held today i.e, Monday, 28th August, 2023 has approved allotment of 3,41,400 equity shares of the company of face value Rs 10.00 each issued at Rs. 185/- shares on receipt of application money of Rs 46.25 including premium of Rs 43.75 aggregating to Rs 1,57,89,750 by way of private placement on a preferential issue basis to the proposed allottees of the company.