RAINBOW FOUNDATIONS LTD. - Announcement Under Regulation 30 - AGM

We wish to inform you that the members of the Company at the 27th Annual General Meeting held on 24th November, 2021 have considered and approved the following:<BR> <BR> 1. Re - appointment and payment of Remuneration to Mr. Anop Chand Jain (DIN: 02215110) as the Managing Director of the Company<BR> 2. Re-appointment and payment of Remuneration to Mr. Gajraj Jain (DIN: 01182117) as the Managing Director of the Company<BR> 3. the variation in terms w.r.t redemption of Non-Convertible Redeemable Cumulative Preference Shares (NCRCPS)<BR> 4. Increase in Authorised Share Capital of the Company and consequently approve the alteration of capital clause of Memorandum of Association<BR> <BR> Request you to take the above on record and oblige<BR>