Rajnish Retail Ltd

Considering the issue of Equity Shares on preferential basis in order to accommodate the issue of equity shares the members of the Company have accorded their approval for increasing the Authorized Share Capital from Rs. 60000000 (Rupees Six Crore) divided into 12000000(One Crore Twenty Lakhs Only) Equity Shares of Rs. 5/- each to Rs. 120000000 (Rupees Twelve Crore Only) divided into 24000000 (Two Crore Forty Lakhs) equity share of Rs.5/- each ranking pari passu with the existing Equity Shares in all respects as per the Memorandum and Articles of Association of the Company.