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Preferential Issue of shares & Issue Of Warrants Inter alia transacted the following businesses: 1. Increase in the authorized share capital of the company to enable further issue of shares and alter the capital clause of the Memorandum of Association of the company subject to the approval of members of the company in the Extra Ordinary General Meeting. 2. The Board has approved for Issuance of up to 106,13,500 (One Crore Six Lakhs Thirteen Thousand Five Hundred) fully paid-up equity shares of the Company having face value of Rs. 10/- (Rupees Ten Only) each at an issue price of Rs. 10/- (Rupees Ten Only) each ("Issue Price") aggregating up to 10,61,35,000 /- (Ten Crore Sixty One Lakhs Thirty Five Thousand Only) ("Issue Size"), to persons, being proposed promoters and/or non-promoter of the Company, as stated below the "Proposed Allottees" by way of preferential issue in accordance with the provisions of Section 42 and Section 62 of the Companies Act, 2013, as amended ("Act") read with the Companies (Prospectus and Allotment of Securities) Rules, 2014, asamended ("Rules"), Chapter V of SEBI (Issue of Capital And Disclosure Requirements) Regulations, 2018 ("SEBI ICDR Regulations"), SEBI LODR Regulations and such other acts/rules/regulations as maybe applicable and subject to necessary approval of the members of the Company and other regulatory authorities including BSE Limited ("BSE") and Registrar of Companies as maybe applicable ("Preferential Issue").
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