We wish to inform you that Board of Directors of the Company at their meeting held today i.e. on Friday June 24, 2022 at the registered office of the Company i.e. 321, SM Lodha Complex, Near Shastri Circle, Udaipur, Rajasthan 313001 which commenced at 12:15 PM and concluded at 02:15 PM have inter-alia considered and approved the following:-
1. The recommendation to the members at ensuing Annual General Meeting for Issue of Equity Shares not exceeding 30,00,000 (Thirty Lakhs) equity shares by way of Further Public Issue and/or private offerings, and/or on preferential allotment and/or Right Issue and/or Qualified Institutions Placement (QIP) or any other permissible mode or combination thereof.
2. The recommendation to the members at ensuing Annual General Meeting for issuance of Non-Convertible Debentures/ Secured or Unsecured Redeemable Subordinated Debt -Tier-ll NCDs/bonds upto an amount not exceeding Rs. 250 Crores.