Further to our intimation dated August 24, 2022 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. Monday, August 29, 2022, has considered and approved the following:
Issuance of 78,10,000 equity shares of the Company having face value of INR 2 each, on a preferential basis to the proposed allottees as mentioned in the Annexure I, subject to approval of the shareholders and such other regulatory/ statutory approvals as may be necessary ('Preferential Issue').
The Board Meeting commenced at 06.00 p.m. and concluded at 6.50 p.m.
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