The Board of Directors of the Company at their meeting held on Friday, April 3, 2026 has inter-alia considered and approved the issuance of fully paid-up equity shares of the Company of face value of ?2 each (the 'Rights Equity Shares') for an amount not exceeding ? 160 crore (Rupees One Hundred and Sixty Crore) by way of a rights issue to the eligible equity shareholders of the Company.