Announcement under Regulation 30 (LODR)-Preferential Issue

Reference: update on the Board Meeting dated. 1.Approved the proposal of Preferential Issue for allotment of Up to 2,84,15,929 (Two crore Eighty four lakh fifteen thousand nine hundred and twenty nine ) Equity Shares of Rs. 1/- (Re. one) each face value at a price of Rs. 16.20/- (sixteen rupees and twenty paisa only) including premium of Rs. 15.20/- (fifteen rupees and twenty paisa) each share on