SPML Infra Limited - Board Meeting Outcome for Outcome Of Board Meeting

In terms of the Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform you that Board of Directors in the Meeting held on 20th January, 2022, inter-alia, has considered and approved the 2. Issuance of upto 27,75,000 Equity Shares of face value of Rs. 2/- each at a price of Rs. 46/- per equity share including premium of Rs. 44/- per equity share on preferential basis to Promoters and Promoter Group, by conversion of their existing unsecured loans in the Company, 3. Issuance of upto 34,04,930 Compulsorily Convertible Preference Shares (CCPS) of face value of Rs. 100/- each of the Company, aggregating to Rs 34.05 Crs. on preferential basis to Promoters and Promoter Group by conversion of their existing unsecured loan and other agenda item