Pursuant to the approval of the Board of Directors at its meeting held on 16th November 2023
and approval of the members of the Company at their Extra-Ordinary General Meeting held
on 16th December 2023 and pursuant to In-principle approval granted by BSE Limited vide
their dated 13th March 2024 and upon receipt of an amount aggregating to Rs. 1,71,25,000/-
(Rupees One Crore Seventy One Lakhs Twenty Five Thousand) at the rate of Rs. 100/- per
warrant (being 25% of the issue price per warrant) as warrant subscription price, the Board of
Directors of the Company, has considered and approved the Allotment of 6,85,000 (Six Lakhs
Eighty Five Thousands) warrants on preferential basis, to Mr. Ashish D. Jaipuria, Mr. Ujjval A.
Jaipuria and Mr. Kushal A. Jaipuria ('Allottees') (as per the list enclosed marked as Annexure
I).
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