Dear Sir / Madam,This is in continuation to the intimation of meeting of the Board of Directors of the Company held on Monday, February 17, 2025, where the raising of funds, through the issuance of equity shares of the Company (the Equity Shares ) was approved by way of a rights issue and intimation of outcome submitted on Saturday, February 22, 2025 approving the Letter of Offer for the Rights Issue and terms of Rights Issue to the eligible equity shareholders of the Company as on the record date i.e Friday, February 28, 2025 for an amount aggregating up to Rs. 751.96 Lakhs, ( Rights Issue ), in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations. 2018, as amended and other applicable laws including circulars issued by SEBI from time to time.In relation to the aforesaid Rights Issue and pursuant to the finalization of the Basis of Allotment of the Rights Issue, in consultation with the Designated Stock Exchange, NSE Limited, the Board of Directors at its meeting held today, i.e Thursday 27th March, 2025, inter alia, considered and approved the allotment of 63,24,000 Fully Paid -up Equity Shares at a price of Rs. 11/- per Rights Equity Share (including a premium of Rs. 1/- per Right Equity Share) having face value of Re. 10/- each) ( Allotment ).Accordingly, pursuant to the Allotment, the paid-up equity share capital of the Company has increased from Rs. 6,83,60,000 to Rs. 13,16,00,000 and accordingly the number of Equity shares to 1,31,60,000 Equity shares.