This is in reference to the intimation of Board meeting given on 22nd February 2024, it is to inform that, the Board of Directors of the Company at its duly convened meeting held today i.e. Tuesday, February 27, 2024 inter-alia:\r\n\r\nConsidered and discussed the purpose of raising funds issuance of one or more instruments including equity shares/convertible securities either by way of Preferential Issue/Rights Issue/or any other mode. As part of our strategic financial planning, the company has actively engaged with various institutions to explore and facilitate the mode of such issuance\r\n