1. Approved the Un-audited Financial Results of the Company for the quarter and nine months ended 31st December, 2021 along with Limited Review report
2. Based on the written consent/ NOC received from Saraf Housing Development Private Limited, as duly approved by the Board of Directors at their Meeting held today (10.02.2022) the nature of Preference Shares issued to Saraf Housing Development Private Limited aggregating to Rs.11, 96,41, 000 has been changed from Compulsorily Convertible to Redeemable Preference Shares with a Redemption Period of not exceeding twenty years with a liberty to redeem at every five years at the option of the Company and shall carry on interest rate of 8.25 percentage per annum and that the Board of Directors have been authorized to intimate the above change to all the statutory authorities including the Registrar of Companies, Chennai.
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