Pursuant to the provisions of Regulation 30 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that meeting of the BOD of the Co was held today at the RO of the Company to;
1. Considered and approved request of Promoter Directors, Harish Sirwani and Nidhi Sirwani for conversion of their Non- Interest bearing Outstanding Unsecured Loan into equity shares of the co against exercise of their right in Co's Proposed Right Issue subject to approval of Shareholders;
2. Approved alteration of the Object Clause of the MOA of the Co. subject to approval of Shareholders;
3. Approved the Notice of Postal Ballot for passing SR for obtaining approval of the Members for above Purposes;
4. Considered and approved all other business as per agenda circulated.
The Meeting of the Board Commenced at 05:00 P.M. and concluded at 06:30 P.M.
Commencement of e-voting: 9:00 a.m. (IST) on Friday, June 10, 2022
End of e-voting: 5:00 p.m. (1ST) on Saturday, July 09, 2022