With reference to the captioned subject and in continuation to our earlier letter dated 9th August, 2024 regarding approval of fund raising through rights issue basis, we would like to inform you that the Board of Directors of the Company in its meeting held today i.e. 2nd September, 2024 has, inter alia, approved to enhance the quantum of raising of funds, through issuance and allotment of equity shares of the Company of face value Rs. 2 each (Rupee Two Only) ('Equity Shares') on rights issue basis, from INR 205,00,00,000 Crores (Indian Rupees Two Hundred and Five Crores only) (as approved by the Board in its meeting held on 9th August, 2024) to an aggregate amount not exceeding INR 250,00,00,000 Crores (Indian Rupees Two Hundred and Fifty Crores only)
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