In compliance with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that: In terms of Special Resolution Passed by the members of the Company by Postal Ballot on 15th January, 2020, and in-accordance with the "In-principle Approval" granted by the BSE Limited (vide its letter reference no. DCS/PREF/SV/PRE/558/2019-20) dated 6th March, 2020, the Board of Directors at their Meeting held on Saturday, 21st March, 2020 at oB - 208, 209 Classique Centre, Off Mahakali Caves, Andheri - (East), Mumbai - 400093, at 3.00 p.m., have inter alia approved the allotment of 5,00,000 Warrants convertible into Equity Shares of the Company at an issue price of Rs. 30/- per warrant including a premium of Rs. 20 per Warrants on preferential basis in accordance with SEBI (Issue of Capital Disclosure Requirements), Regulation, 2018<BR>
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