This is to inform that in relation to the Rights Issue and pursuant to the finalization of the basis of allotment for the Rights Issue, approved by the designated stock exchange, i.e. BSE Limited on 07th June, 2023, the Board of Directors at its meeting held on 07th June, 2023 (which commenced at 05.00 p.m. IST and concluded at 05.10 p.m. IST), has approved the allotment of 1,07,50,000 Fully paid-up equity shares of the Company bearing distinctive numbers from 10750001 to 21500000 having a face value of Rs.10/- each in dematerialised form for cash at an issue price of Rs. 10/- per equity share, to the respective eligible equity shareholders of the Company and / or renouncee(s) in terms of the letter of offer dated 25th April, 2023.\r\n\r\nPost aforesaid allotment, the paid-up capital of the Company is Rs. 21,50,00,000/- divided into 2,15,00,000 equity Shares of Rs. 10/- each.\r\n\r\nKindly take the same on your record and display the same on your website.