The Board of Directors at its meeting held today, has, inter-alia, approved the raising of funds through the issuance of up to 7,50,00,000 warrants, each convertible into one equity share of the Company, to the Promoters/Promoter Group of the Company (as detailed in Annexure - 1), at an issue price of ?74/- per equity share, which is more than the price to be determined in accordance with Regulation 164 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ('SEBI ICDR Regulations'), aggregating to ~?555 crore, subject to approval of the Shareholders at the ensuing Extra-Ordinary General Meeting ('EGM') and other regulatory/ governmental authorities, as may be required.