The Board of Directors in its meeting held on 4th March, 2025 has approved acquiring 11,50,000 (Eleven Lakh Fifty Thousand) Equity Shares Warrant having face value of Rs. 221/- each amounting to overall consideration of INR 25,41,50,000/- (Twenty Five Crore Forty One Lakh Fifty Thousand Only) by way of subscribing to the Private Placement offer of Jainam Ferro Alloys (I) Limited. The disclosure with respect to the same is enclosed herewith.Kindly take the same on records.