This is in reference to the proposed Rights Issue of up to 2,90,29,160 Partly paid-up Equity Shares of face value of Rs. 5/- each of the Company at an issue price of Rs. 10/- per Rights Equity Shares (including a premium of Rs. 5/- per Rights Equity Share), aggregating up to Rs. 2902.92/- lakhs on a rights basis to the eligible shareholders of the Company in the ratio of 2 (Two) Rights Equity Share for every 1 (One) Fully Paid-up Equity Shares held by the Eligible Equity shareholders as on the record date i.e. Friday, May 22, 2026. In this regard, please find enclosed the soft copy of Letter of Offer dated May 21, 2026, for the Rights Issue of the Company.