07:03 PM, 12th Mar 2024
This is in furtherance to our intimation on the Outcome of the meeting of the Board of Directors of the Company held on July 05 2023 where the issue of fully paid-up Equity Shares of the Company was approved by way of a rights issue for an amount of not exceeding Rs. 4990.00 Lakhs (Rupees Forty Nine Crores Ninety lakhs) in accordance with the Companies Act 2013 and the rules made thereunder the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018 as amended and other applicable laws.In this regard we wish to inform you that the Board of Directors (The Board) in their adjourned meeting held today i.e. Tuesday March 12 2024 has inter alia considered and approved the following terms of the Rights Issue: