We hereby inform that the Board of Directors at their meeting held today i.e. 30th March 2024, has approved the Preferential issue of up to 63,20,000 Equity shares: Issuance of up to 63,20,000 (Sixty Three Lakh Twenty Thousand) Equity shares of face value of Rs.10/- each at a price of Rs. 50/- (Rupees Fifty only) per Equity Shares (including a premium of Rs. 40/- (Rupees Forty Only) per Equity Shares) aggregating to Rs. 31,60,00,000/- (Rupees Thirty One Crore Sixty Lakh only) to Public Category (as detailed in Annexure I), on a preferential basis.
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