The Board will consider, approve, and recommend the following matters:
- Increase in Authorised Share Capital of the Company and consequent alteration in Clause V of the Memorandum of Association of the Company
- Evaluation and consideration for raising funds through issue of eligible securities, including but not limited to shares, warrants or any combination thereof, or securities representing equity shares or convertible into/exchangeable for equity shares, through preferential issue basis
- Consideration and approval of acquisition of an entity and related matters
- Fixing the date, time, venue, and mode of convening the Extraordinary General Meeting (EGM) of the Company and approval of the Notice of the EGM
- Approval of the appointment of the Scrutinizer and the Remote E-voting Agency for the e-voting process of the EGM
- Consideration of any other matter with the permission of the Chairman
The proposed fundraising and acquisition activities are subject to approval of the members of the Company, and other regulatory and/or statutory approvals as applicable. Financial impact of the proposed actions has not been quantified in this intimation.