With reference to captioned subject, we wish to inform you that the Board of Directors ('the Board') of the Company at its meeting held today i.e., on January 20, 2026, have, inter-alia, considered and approved:\r\n\r\nPursuant to the expression of interest received from Cupid Limited, the Board has given its approval for raising of funds through issuance of 1,01,00,000 (One Crore One Lakh Only) Equity warrants at an issue price of ? 328.25/- per equity warrant aggregating of ? 3,31,53,25,000/- (Rupees Three Hundred and Thirty-one Crores Fifty-Three Lakhs and Twenty-five Thousand only), payable in cash, on preferential basis ('Preferential Issue') to Cupid Limited, the proposed allotee.