Announcement under Regulation 30 (LODR)-Raising of Funds

Sub: Outcome of the Board Meeting under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement Regulations, 2015) 1. Approved raising of funds by way of issue of Foreign Currency Convertible Bonds (“FCCBs”) The Board of Director has approved the raising of funds by way of issue of Foreign Currency Convertible Bonds (“FCCBs”) for an aggregate amount of up to and not exceeding USD 700