Date: 22nd May, 2026
Board Meeting Outcomes
The company has received a Corrigendum to the Valuation Report dated 22nd May, 2026 issued by CA Naveen Khandelwal, Independent Registered Valuer, regarding the proposed issue and allotment of 12,75,00,000 Warrants convertible into equivalent number of Equity Shares on a preferential basis.
The Corrigendum was issued to rectify and/or clarify certain observations appearing in the original valuation report pursuant to observations received from the National Stock Exchange of India ("NSE"). The company states there is no material impact on the overall valuation conclusion determined in the said valuation report, except to the extent specifically mentioned in the Corrigendum.
All other contents of the application for in-principle approval filed with the Stock Exchanges remain unchanged, save and except as modified or supplemented by the Corrigendum.