Orchasp Ltd

Orchasp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/06/2023 inter alia to consider and approve 1. To Consider and allot equity shares to the bond holders consequent to notice seeking conversion of bonds into equity shares as per the terms of their issue.2. To offer and issue equity shares on a preferential allotment basis to Mrs. P. Rajeswari legal heir of Mr. P.C.Pantulu ex-chairman & CEO of the company towards conversion of his loan amounts and to convene an Extraordinary General Meeting for this purpose.3. To authorize Mr.P.Chandra Sekhar Managing Director & CFO to make the necessary application along with annexure(s) certificates(s) and other document(s) with the regulators and other appropriate authorities for allotment obtaining the listing and trading permission of the shares allotted consequent to the conversion of the said bonds and to do all that is necessary for this purpose.