We hereby inform you that the Board of Directors of the Company, in their Board Meeting held on today, i.e. on December 7, 2021, at the Corporate Office of the Company which was commenced at 12:00 Noon and concluded at 01:00 P.M., have taken note of Freezing of Current Account by the Punjab National Bank for any Debit. <BR> In this regards, the Punjab National Bank has issued the letter advising the Company to infuse the sufficient funds in the Business. Punjab National Bank will then consider the request of the Company for restructuring of the Loan Account.<BR> The Board has taken note of the above letter of the Punjab National Bank and discussed about the possible infusion of the required fund. The Management has been advised to prepare detailed Proposal for infusing the fund,
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