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Board Meeting-Outcome of Board Meeting

| Updated on March 10, 2018 Published on March 10, 2018

We are please to inform the stock exchange that the Board of Directors at their meeting held today at the corporate office of the company transact the following Business.

1.In accordance with the part-A of schedule III read with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. We would like to inform that in terms of Special Resolution passed by the member of the company at its EGM held on Wednesday 28th February 2018 and in accordance with the in-principal approval granted by BSE Ltd. (*vide letter no. DCS/PREF/SV/PRE/2626/2017-18) dated 23rd February 2018 the Board of Director of the company at their meeting held today have approved the allotment of 11,86,000 warrant convertible into equity shares at an issue price of Rs. 17/- (including premium of Rs. 7 per share) on receipt of the requisite amount(25% upfront money) to the promoter on preferential basis in accordance with SEBI(Issue of Capital Disclosure Requirements) Regulations, 2009.

Pdf Link: Board Meeting-Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on March 10, 2018
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