Ashnoor Textile Mills Ltd

The Board of Directors of the Company at their Meeting held today i.e. Friday July 21 2023 has inter-alia transacted the following businesses:1. Approved the increase and alteration of Authorized Share Capital of the Company Rs.127500000/- to Rs.160000000/- by amending clause V of the MOA subject to the approval of the members of the Company.2. Approved the fund raising by way of the issue of equity shares of the company to its eligible shareholders as on the record date (to be notified later) on a right basis (Rights issue) for a maximum amount not exceeding Rs.70000000/-.Constitution of a Rights Issue Committee to decide other terms and conditions of the Issue 3. Alter the main objects of the Company by adding one object subject to the approval of the members and Registrar of Companies.4. Appointed Anil Kumar Arora Company Secretary in Practice as Secretarial Auditor for the financial year 2023-2024.