We are pleased to inform you that the Board of Directors of the Company at its meetingheld on 12th October 2023 have taken following decisions:1. Allotted 3 00 000 5% Redeemable Preference Shares (unsecured unlisted) of Rs. 100/- each (Totalamount of Rs. 3 00 00 000/-) on a Private Placement basis.The meeting of Board of Directors commenced at 11.00 A.M. and concluded at 12.20 P.M.