Aryavan Enterprise Ltd - Board Meeting Outcome for Raising Of Funds By Way Of Preferential Issue.

1. Raising of funds by way of issuance of 22,50,000 equity shares having face value Rs. 10 each ('Equity Shares') aggregating up to Rs. 2,25,00,000 on a preferential basis ('Preferential Issue'), to Non-promoter/Public Category of the company. 2. Raising of funds by way of issuance of 8,75,000 Equity Warrants having face value Rs. 10 each ('Warrants') aggregating up to Rs. 87,50,000/- on a preferential basis ('Preferential Issue'), to Non-promoter/Public Category of the company. 3. Increase in Authorized Capital