Alfavision Overseas to hold adjourned meeting of the Board

On 28 November 2016

Alfavision Overseas announced that pursuant to Article of Association of the Company, an Adjourned Meeting of the Board of Director (of Original Board Meeting held on 21 November 2016) of the Company is scheduled to held on 28 November 2016 at 4.00 Pm at 1-A Press Complex, A.B. Road, Indore-01, Inter alia, to review, consider the following:

1. To alter the Articles of Association of the Company for increase in Authorized Capital;

2. Alteration of the Articles of Association of the Company for inserting Article 14A after the existing Article 14 of the Articles of Association and be numbered as Article 14A for issue1 of Convertible Warrants.

3. To consider fund raising through Preferential Issue / Qualified Institutions Placement of Equity Shares/ Preference Shares / Convertible Securities / Warrants or such other Securities in one or more tranches in compliance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and the Companies Act, 2013 and the rules made thereunder.

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