We are pleased to inform you that the Board of Directors of the Company at its meeting held on 14th April, 2022 have approved allotment of 2,00,000 Redeemable Preference Shares of Rs. 100/- each on a Private Placement basis to Shri Anish Kanoria.\r\n\r\nThe meeting of Board of Directors commenced at 3.00P.M. and concluded at 5.15 P.M.