We would like to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, 8th February, 2024, has inter alia approved the allotment of 1,75,000 (One Lakh Seventy-Five Thousand) Equity Shares of face value of Rs. 5.00/- each at a price of Rs. 75.00/- per share (including security premium of Rs. 70/- per share) on private placement (Preferential Allotment) basis aggregating to Rs. 1,31,25,000/- (One Crore Thirty-One Lakh Twenty-Five Thousand Only) to M/s. Symphony Investments Pvt Ltd (A Promoter Group Entity).