Outcome of board meeting of Dhanvarsha Finvest

Held on 27 July 2017

The Board of Directors of Dhanvarsha Finvest in their Board Meeting held on 27 July 2017 have considered and approved the following:

1.Increase in Authorized Share Capital of the Company to Rs. 13,50,00,000/- (Rupees thirteen crores fifty lakhs only) divided into 1,35,00,000 Equity Shares of Rs.10/- each.

2.Preferential Issue of 57,42,200 Equity Shares of Rs. 10/- each at Rs. 21/-each to Truvalue Agro ventures Private Limited subject to approval of the Members to be obtained in ensuing General Meeting.

3.Re-classification of Promoters under Regulation 31A of SEBI (LODR) Regulations 2015 pursuant to Preferential Issue of shares.

4.Shifting of Registered office of the Company from the State of Gujarat to the State of Maharasthra.

5.Appointment of Haribhakti & Co. LLP as Statutory Auditor of the Company in place of Auditors appointed in casual vacancy.

6.Approval of Notice of Annual General Meeting.

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