This is in furtherance to our intimation on the Outcome of the meeting of the Board of Directors of the
Company held on April 24,2024, where the issue of fully paid-up Equity Shares of the Company was
approved by way of a rights issue for an amount of not exceeding Rs. 10.00 Crores (Rupees Ten
Crores only) in accordance with the Companies Act, 2013 and the rules made thereunder, the
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations,
2018, as amended and other applicable laws.
In this regard, we wish to inform you that the Board of Directors ('The Board') in their meeting held
today, i.e., Wednesday, September 11, 2024, has inter alia, considered and approved the terms of the Rights Issue which is attached herewith.
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