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In terms of ‘the Agreement’ and as agreed upon, the Company has allotted Fully paid 0.01% Cumulative Compulsory Convertible Preference Shares (CCPS) for an aggregate amount of Rs.3,80,553 lakhs to its lenders on private placement basis upon conversion of Debt. The CCPs have maturity of 29 years and shall be converted into such number of Equity Shares as may be determined at the time of conversion as per prevailing provision of Companies Act/SEBI/RBI Rules and Regulations. In the absence of determinability of number of equity shares to be issued upon conversion of CCPS, the equity capital on diluted basis is shown ‘Zero’. 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