Approved the allotment of the 32,75,000 (Thirty-Two Lakhs Seventy-Five Thousand Only) Equity Shares of Rs.10/- each at a price of Rs.11/- each including premium of Rs.1 per share, aggregating upto Rs.3,60,25,000/- (Rupees Three Crores Sixty Lakhs Twenty Five Thousand Only), to Non-Promoter Indian Individuals and allotment of 7,50,000 (Seven Lakhs Fifty Thousand Only) Equity Shares of Rs.10/- each at a price of Rs.11/- each including premium of Rs.1 per share, aggregating upto Rs.82,50,000/- (Rupees Eighty-Two Lakhs Fifty Thousand Only), to Promoter on conversion of loan in equity, on a preferential basis ('Preferential Allotment') on such terms and conditions as determined by the Board and applicable regulatory authorities as the case may be, in accordance with SEBI (ICDR) Regulations, 2018.