We would like to inform your esteemed Exchange that pursuant to the Members approval accorded through Postal Ballot on July 06, 2022, the Share Allotment Committee of the Board of Directors of the Company at its meeting held today i.e. November 24, 2022 has issued and allotted 1,750, nos. of 0% Non-Convertible Redeemable Preference Shares (NCRPS) of Face Value of Rs. 100/- (Rupees Hundred only) each at a premium of Rs. 300/- (Rupees Three Hundred only) each to the following entities belonging to the Promoter and Promoter Group of the Company for cash:
Sl. No. Name of Allottee No. of NCRPS Allotted
1. Mrs. Umah Agarwal 1250
2. ABC India Limited 500
As the Company allotted Non-Convertible Redeemable Preference Shares, there is no change in the paid-up equity share capital of the Company. The said shares shall not be convertible into equity shares, accordingly, the same shall not be listed with any Stock Exchange.