The allotment of 9,00,00,000 (Nine Crore) equity shares of the Company of face value of Rs. 10/- each ('Equity Shares'), in dematerialized form, on a preferential basis to non-promoters, as determined in accordance with Regulation 164 read with Regulation 166A of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, for consideration other than cash, i.e. , by way of share swap, towards discharge of the total purchase consideration of Rs.90,00,00,000/- (Rupees Ninety Crore only) ('Purchase Consideration') against the acquisition of 90,00,000 (Ninety Lakh) equity shares ('Sale Shares') at a price of Rs. 100/- (Rupees One Hundred Only) per equity share of M/s. Cultureantique Jewellery Private Limited ('CJPL') from the proposed allottees. The Sale Shares are proposed to be acquired at a price of Rs. 100/- (Rupees One Hundred only) per equity share of CJPL, against which the Company shall issue and allot the aforesaid Equity Shares to the Proposed Allottees.