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Board Meeting-Outcome of Board Meeting

| Updated on May 22, 2018 Published on May 22, 2018

Dear Sir / Madam,

We wish to inform that a Meeting of the Board of Directors of the Company held on Tuesday, 22nd May, 2018, have transacted the following business:

1.Considered and approved the allotment of 15,00,000 Equity Shares (face value of Rs. 2/- each) to Promoter and allotment of 15,00,000 Equity Shares (face value of Rs. 2 /-each) to Non-Promoter Investors on preferential basis in accordance with the SEBI (ICDR) Regulations, 2009.

2.Considered and approved the allotment of 39,25,000 convertible equity warrants to Non-Promoter Investors on preferential basis pursuant to conversion of warrants into equity shares of face value of Rs. 2 /- each in accordance with the SEBI (ICDR) Regulations, 2009.

You are requested to take the above information on record and oblige.

Thanking You,
Yours faithfully,

Maximaa Systems Ltd

Pdf Link: Board Meeting-Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on May 22, 2018
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