Allotment of 2,75,00,000 (Two Crore Seventy-Five Lakhs) fully paid-up Equity Shares of face value of Re.

1/- each at an issue price of Rs. 4.71/- per share (including a premium of Rs. 3.71/- per share) to Ms. Mona Viral Shah, Promoter and Director of the Company, upon the exercise of rights attached to convertible warrants previously issued on a preferential basis