The Fund Raising Committee of the Board of Directors has considered and approved the filing of the Draft Letter of Offer dated December 29 2022 (the "Draft Letter of Offer") in relation to the Rights Issue of the Company (the "Issue") with Securities and Exchange Board of India ("SEBI") and with BSE Limited and National Stock Exchange of India Limited (the "Stock Exchanges"). The Draft Letter of Offer has been filed with SEBI for issuing of observations thereon and with the Stock Exchanges for seeking their in-principle approval for the proposed Issue and listing of Equity Shares issued pursuant to the same. This is pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015.
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