We hereby inform that pursuant to the special resolution passed by the shareholders of the Company in the 33rd Annual General Meeting held on 28th September, 2020, for issuance of 18,00,000 (Eighteen Lakhs only) convertible warrants and pursuant to the in principle approval given by BSE Ltd vide their letter DCS/PREF/BA/PRE/856/2020-21 dated 9th November, 2020, the Share Allotment Committee at its meeting held today i.e. 12th November, 2020 has approved the allotment of 18,00,000 ( Eighteen Lakhs only) convertible warrants at a Price of Rs.45/- with a right to Warrant Holder to apply for and get allotted one equity share of face value of Rs. 10/- (Rupees Ten Only) each (Face Value of Rs.10/- and Premium of Rs.35/-) on preferential basis.<BR>
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