\r\nWe are pleased to inform you that the Board of Directors of the company at its meeting held today i.e. Thursday, 20th March, 2025 at 5:00 P.M. at the Registered Office of the Company has inter alia approved the allotment of the following securities on a preferential basis:\r\n\r\n1. Allotment of 20,00,000 Warrants of Rs. 72/- each convertible into 20,00,000 equity shares of Rs.10/-each at a premium of Rs.62/- per share for every warrant upon exercise of the option along with the balance amount of Rs. 54/- per warrant by the warrant holders within a period of 18 (Eighteen) Months from the date of allotment of Warrants to the following promoter and promoter group on preferential basis to the Promoter and Promoter Group.\r\n