The Board of Directors of the Company at its meeting held today i.e, on Friday, March 20, 2026 have inter alia approved the following:\r\n\r\na) Issue of up to 9,50,000 (Nine Lakh Fifty Thousand) Equity Shares, having a face value of Rs.10/- (Rupees Ten Only) each, at a price not less than the price determined in accordance with the SEBI ICDR Regulations, on a Preferential\r\nBasis to Saraf Housing Development Private Limited, a Company forming part of the Promoter Group of the Company\r\nb) Appointment of CA S Dehaleesan (Registered Valuer number: IBBI/RV/04/2019/11659 as the Registered Valuer for determining the price for Preferential Issue.\r\nc) Opening of separate bank account for the purpose of Preferential Issue.