Dhani Services Ltd - Board Meeting Intimation for Intimation Of Board Meeting Of Dhani Services Limited

Dhani Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/03/2021 ,inter alia, to consider and approve Regulations, 2015, as amended, please note that a meeting of the board of directors of the Company<BR> (the 'Board') would be held on Saturday, March 6, 2021 to, amongst others, consider and approve the<BR> issuance of sponsored American Depositary Receipts ('ADRs') under a Level III program (not<BR> exceeding 15% of the existing share capital of the Company) pursuant to the transfer of underlying<BR> equity shares from eligible shareholders of the Company by way of a tender on the Indian exchanges<BR> for cash. Further, Board shall also consider and approve the issuance of, as required under relevant<BR> laws in connection with a Level III ADR program, equity shares for conversion into ADRs; and equity<BR> shares under a qualified institutions placement (not exceeding 15% of the post-issue share capital of<BR> the Company in aggregate). Each of these approvals from the Board shall be further subject to the<BR> approval of the members of the Company and other regulatory and/or statutory approvals, as<BR> applicable.