We wish to inform you that the Board of Directors of the Company in its meeting held today i.e. 27th June, 2025, has, inter-alia, considered and approved (i) Re-appointment of Mr. Shwetkumar Koradiya (DIN: 03489858) as a Chairman and Managing Director of the Company; (ii) Re-appointment of Mr. Hardikbhai Rajubhai Patel (DIN: 08566796) as a Whole Time Director of the Company; (iii) Raising of funds by way of issue of equity shares on Rights issue basis an amount not exceeding ? 20,75,04,000/- and approved draft Letter of Offer.