Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors in its Meeting held on Tuesday, 23rd July, 2024 at 03:00 PM at the Registered Office of the Company situated at Survey No. 1943, Mangalkunj, Railway Station Road, Opp. Balashram, Porbandar, Gujarat - 36075, inter-alia had considered and approved:
Issue of [*] Equity Shares of face value of Rs. 10/- each for cash at an Issue Price of Rs. [*] per Equity Share aggregating upto Rs. 25,00,00,000/- to all the existing eligible Equity shareholders of the Company on Rights (''Rights Issue''). The brief terms of Rights Issue is approved by the Board is attached herewith as Annexure-I
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