Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the 'Listing Regulations'), we wish to inform that the Board of Directors of the Company (the 'Board') at its meeting held today i.e. Wednesday, December 11, 2024 (which commenced at 3:30 P.M. and concluded at 4:30 P.M.), discussed and authorized the raising of funds, through issue of equity shares, up to an aggregate amount of INR 2,500 Crores (or equivalent USD or any other foreign currency), through one or more Qualified Institutions Placements in terms of Chapter VI of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the 'ICDR Regulations'), the Companies Act, 2013, read with rules made thereunder, as amended and subject to receipt of necessary approvals, if and to the extent required.