1) The proposal for raising of funds by way of an issuance of equity shares of face value of Rs.10/- each ofthe company to its eligible equity shareholders on Rights basis ('Rights Issue') up to an aggregate amountof Rs.4000/- Lakhs (inclusive of premium, if any) subject to receipt of necessary approvals fromregulatory authorities, as applicable and in accordance with applicable provisions of the Companies Act,2013, as amended, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended,and other applicable laws.2) The Board has decided to delegate the powers to Rights Issue Committee in respect all terms andconditions for Rights Issue and the matters connected and incidental thereto.