Document Title: Outcome of Board Meeting - Fundraising Approval

Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Outcome of Board Meeting held on June 12, 2026 regarding fundraising

Date of Board Meeting / Approval: June 12, 2026

Audit Opinion: Not Specified

Auditor's Comment: Not Specified

Key Financial Highlights: Not Specified

Standalone Results: Not Specified

Consolidated Results: Not Specified

Segment-wise Performance: Not Specified

Corporate Actions:

The Board approved a proposal to raise funds by way of issuance of securities of up to INR 2,500 Crores in aggregate through two methods:

  • Equity shares through a qualified institutions placement (QIP) in one or more tranches for an aggregate amount of up to INR 1,500 Crores
  • Equity shares and/or foreign currency convertible bonds (FCCBs), and/or any other eligible instruments or securities representing equity shares or convertible into or exchangeable for equity shares, whether Rupee denominated or denominated in foreign currency, through permissible modes including preferential issue, rights issue or any other means permitted under applicable law, for an aggregate amount of up to INR 1,000 Crores

Both fundraising methods are subject to regulatory/statutory approvals as may be required and the approval of shareholders of the Company.

The Board constituted a Fund Raise Committee to deal with all matters pertaining to the proposed fund raise.

The company will seek approval of members by way of Postal Ballot voting (only through e-Voting) for the QIP portion (para 1(a)) via a special resolution.

Regulatory Disclosures:

The disclosure is made pursuant to Regulation 30 of SEBI Listing Regulations and includes information as required under Schedule Ill Part A of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Other Significant Information:

The Board Meeting commenced at 6:00 pm (IST) and concluded at 9:30 pm (IST) on June 12, 2026.

The company intimated the exchange about the meeting on June 08, 2026.