Pursuant to Regulation 29 (1)(d) and 30 of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations'), we wish to inform you that the Board Meeting of the Company was held today i.e. Wednesday, the 9th day of November, 2022 at the corporate office of the Company at 12:00 P.M., inter alia, considered and approved the following:
1. 75,000 warrants converted into 75,000 equity shares of Rs. 10/- each issued at a price Rs. 140/- to Promoters on a preferential basis; and details of the conversion of warrants into equity.