We, Alexander Stamps and Coin Limited (the 'Company'), hereby submit this letter to inform you and the esteemed stakeholders of the Company about the decision of the Board of Directors of the Company to postpone the preferential issue of Equity Shares due to nonavailability of proper resources and incompatibility of the Investors who are going to participate in proposed issue in the board meeting held on Monday, 16" December, 2024. Said agenda will further be taken into consideration in the 4" quarter of the FY 24-25 as the Board is anticipating for better investor participation and positive market conditions.
The Board Meeting commenced at 18:30 (IST) and concluded at 19:30 (IST).
You are requested to take the above on record and do the needful and oblige.
The above information is also available on the Company's website at www.alexanderstamps.in.
|