The Board will consider and approve the following agenda items:

  • To consider and approve the allotment of 4,00,000 (Four Lakh) Equity Shares by conversion of 4,00,000 Warrants (out of the total 8,00,000 Warrants) into Equity Shares of face value of ₹2/- each at a premium of ₹19/- per share. The conversion will be done on a preferential basis to the allottee belonging to the promoter category, upon receipt of the balance consideration in respect of such warrants.
  • To consider any other matter with the permission of the Chair.

The company has requested the exchange to take this information on record for dissemination through the exchange website. The communication is signed by Pravita Khandelwal, Company Secretary and Compliance Officer, with company CIN L67120RJ1990PLC005371.