Allotment of Securities
With reference to the captioned subject and pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that on Tuesday, August 20, 2024, the Board of Directors of the Company, by way of circulation, inter-alia considered and approved allotment of 14,99,276 fully paid-up Equity Shares at an Issue Price of Rs.33.05/- upon conversion of 14,99,276 Compulsorily Convertible Debentures (CCDs) issued on March 2, 2023 on preferential basis for non-cash consideration under a share swap to Promoter Group.
