This is to inform that the Board of Directors in its meeting held on 11.05.2023 has considered and approved allotment of 1,13,09,586 equity shares issued at Rs 94.61 (Rs 10 face value and premium of Rs 84.61) to the President of India, against capital grant of Rs 1,07,00,00,000/- (Rupees One Hundred Seven Crore) received from Government of India. The Capex receipt of Rs.1,07,00,00,000/- and allotment of equity shares is made pursuant to BIFR order dated 08.01.2013.
The Board Meeting commenced at 10.30 am and concluded at 07.00 pm.
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