Pursuant to the finalization of the Basis of Allotment of the Rights Issue, in consultation with the Designated Stock Exchange, BSE Limited, the Board of Directors at its Meeting held today, i.e. Friday 27th December, 2024, inter-alia considered and approved the allotment of 25,60,000 Fully Paid -up Equity Shares at a price of Rs. 117/- per Rights Equity Share (including a premium of Rs. 107/- per Right Equity Share) having face value of Rs. 10/- each) ('Allotment').Accordingly, pursuant to the Allotment, the paid-up equity share capital of the Company has increased from Rs. 3,20,00,000/- to Rs. 5,76,00,000/- and correspondingly the number of Equity shares from 32,00,000 to 57,60,000 Equity shares.The Board Meeting commenced today at 04:00 P.M. and concluded at 04:20 P.M.