This is to inform you that Board of Directors of the company in its meeting held on March 21, 2022 have considered and approved investment of funds of the Company within approved limits (i.e., sixty per cent of its paid-up share capital, free reserves and securities premium account OR one hundred per cent of its free reserves and securities premium account, whichever is more) for subscription, purchase or otherwise acquire shares, stocks, debentures (fully convertible/ partly convertible/ non-convertible), bonds, securities etc. of a UK based company
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