1. The Board of Directors took on records the In-Principle Approval Letter No. LOD/PREF/AM/FIP/578/2024-25 vide dated July 15, 2024 for Preferential issue of 1,44,10,000 Equity Shares to the non-promoters at a price of Rs. 13.50/- (Including premium of RS. 3.50/-) per share;
2. The Board of Director took on records that the company has receipt the Share Application money of Rs. 54,00,000/- (Rupees Fifty-Four Lakh Only) in the Preferential Shares bank account of the company, from 3 proposed allottees (Equity Shares Allottees) out of 7 Proposed Equity Shares Allottees, the Board of Directors allotted 4,00,000 (Four Lakh only) equity shares of Rs. 10/- each face value fully paid up, at a price of Rs. 13.50/- per share including premium of Rs. 3.50/- per share, as per terms approved by shareholders through resolution passed in the EOGM held on 23rd May, 2024 and SEBI Guidelines for Preferential Issue and the details of allotment of equity shares are as follows:
Detailed as per attachment
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