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 Thursday, May 30 2024, the Board of Directors of the Company, by way of circulation, inter-alia considered and approved:
(a) Allotment of 6,92,764 fully paid-up Compulsorily Convertible Debentures (CCDs) each at an issue price of Rs. 116.20/- (Rupees One Hundred Sixteen and Paise Twenty only) per CCD with CCDs convertible into equivalent number of Equity Shares on preferential basis through
private placement for cash consideration;

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