ursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR Regulations'), this is to inform you that Hindware Limited ('Hindware') vide its letter dated 3rd February, 2023 has communicated to Hindware Home Innovation Limited ('Company') that the board of directors of Hindware in its meeting held today i.e. 3rd February, 2023 has approved the allotment of partly paid-up equity shares of face value of INR 2 (Indian Rupee Two) each for a premium of INR 450 (Indian Rupee Four Hundred and Fifty) to certain eligible subscribers (being the employees and key managerial personnel and none of them being the promoters or part of the promoter group of Hindware) ('Eligible Subscribers') upon payment of INR 1 (Indian Rupee One) per equity share. Post the transaction, the Eligible Subscribers hold approx. 1.80% in the share capital of Hindware.