The Board considered and approved the following matters:
- Alteration of the Articles of Association of the Company by insertion of an enabling provision for issuance of warrants and other convertible securities. This alteration is subject to approval of the shareholders of the Company.
- Approval for convening an Extraordinary General Meeting of the Members of the Company for obtaining shareholders' approval in respect of the alteration of Articles of Association.
- Approval of appointment of Mr. Ritul Parmar, Practicing Company Secretary, as Scrutinizer for conducting the remote e-voting process and e-voting at the Extraordinary General Meeting in a fair and transparent manner.
- Authorization to Directors of the Company to undertake necessary filings, intimations and compliances in connection with the above matters.
The date of the Extraordinary General Meeting and the Notice thereof will be intimated to the Stock Exchange separately as and when finalized.