The Board has approved increasing the authorized share capital from INR 15 Cr to INR 20 Cr.

This facilitates a significant capital raise through a preferential issue of 56 lakh convertible share warrants to strategic investors.

Priced at not less than ₹183 per warrant, this allotment aims to raise approximately INR 102.48 Cr.

An Extra Ordinary General Meeting will be convened to seek shareholder approval for these crucial proposals, indicating the company's focus on strengthening its financial base for future growth initiatives.