In Compliance with Regulation 30 & 33 of SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that in terms of Regulation 30 and 33 of SEBI Listing Obligation and 33 of SEBI Listing Obligation and Disclosure Requirements) Regulations, 2015, the Board at its meeting held on 12th January, 2026, has inter-alia considered and approved the following:\r\n\r\n1. The proposal for variation of rights attached to 0% Redeemable Preference Shares of Rs. 100 each pursuant to Section 48 of the Companies Act, 2013 was approved. The Board to seek written consent from the holders of 0% Redeemable Preference Shares of Rs. 100 each representing not less than three-fourths of the class for the proposed variation of the rights attached to the said preference shares being waiver of the entire redemption premium accrued/to be accrued on such shares and to make such shares redeemable at their face value only.\r\n\r\n\r\n\r\n