Dear Sir/Madam,\r\n\r\nThis is to inform you that the Nomination and Remuneration Committee of the Company at its meeting held on 23 April 2024 has allotted 124,115 equity shares of Re.1 each of the company to the eligible employee upon exercise of options pursuant to \Himadri Employee Stock Option Plan 2016\ .\r\n\r\nThis is for your information and record.