This is in furtherance to the meeting of the Board of Directors of the Company (the "Board") held on
January 29,2024 approving the offer and issuance of fully paid-up equity shares of the Company (the
"Equity Shares") for an amount not exceeding Rs. 2,700.00 Lakhs, by way of rights issue to the
eligible equity shareholders of the Company ("Rights Issue") and in pursuance of Regulation 30 of the
Securities and Exchange Board of India (LODR) Regulations,2015, including subsequent amendments thereto ISEBI (LODR) Regulations], the Board of Directors in their meeting held on May 16,2024 at the registered office of the Company has discussed and approved the Draft
Letter of Offer for the proposed Rights Issue of the Company for an aggregate amount up to Rs.
2,700.00 Lakhs to be filed with BSE Limited and NSE for their in-principle approval for listing of the Rights Equity Shares on their exchanges.
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