With reference to our letter dated January 24, 2023, we would like to inform you that the Board of Directors of the Company at their meeting held today i.e. on Monday, February 27, 2023 has considered and approved the Draft Letter of Offer in relation to the Rights Issue of the Company to be filed with Securities and Exchange Board of India ('SEBI') for their information and dissemination purpose and with BSE Limited and National Stock Exchange of India Limited (the 'Stock Exchanges') for their in-principle approval for listing of the Rights Equity Shares on their exchanges.
The said meeting commenced at 12:30 P.M. and concluded at 01:15 P.M.
The above information is also available on the Company''s website i.e. www.somindia.com.
This is for your information and records please.