With reference to disclosure dated August 30, 2025 w.r.t investment of Rs. 39,76,21,872 in wholly owned subsidiary i.e. M/s Avro Recyling Limited and pursuant to Regulation 30 read with Part B of Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of Avro Recycling Limited, wholly owned subsidiary of the Company at their meeting held on Saturday, September 20, 2025 considered and approved the allotment of 82,83,789 equity shares to the Company at Rs. 48 amounting to Rs. 39,76,21,872 by way of right issue.