We wish to inform that the Board of Directors of the Company at its meeting held today (i.e., 14th May 2026), inter alia, has considered and approved the following matters:\r\n1. To raise funds by issuance of Non-Convertible Debentures (NCDs), and Compulsorily Convertible Debentures (CCDs) aggregating upto an amount of Rs.660.00 Crores (Rupees Six Hundred and Sixty Crores only) to repay the outstanding term loans and related liabilities.\r\n2. To seek consent of the shareholders by way of Special Resolution through Postal Ballot for the issuance of Compulsorily Convertible Debentures (CCDs) upto an amount of Rs.103.00 Crores (Rupees One Hundred and Three Crores only), and in this regard approved the Calendar of Events, appointment of Scrutinizer, and other related matters in connection with the Postal Ballot Process.\r\n