Pursuant to regulation 29 and regulation 30 of SEBI (Listing Obligation and disclosure Requirement) Regulation 2015 we would like to inform you that the Board of Directors in their meeting held today i.e. Wednesday, 11 March, 2026 which commenced at 02.30 p.m. and concluded at 04.30 p.m. has considered and the below:\r\n\r\n1. Subject to the shareholders' approval by way of passing of the Special Resolution through Postal Ballot and other necessary approvals (including applicable statutory and regulatory approvals) and in compliance with applicable laws for conversion of loan into equity through preference shares \r\nand any other matters\r\n