In continuation of our letter dated 17.12.2018, we wish to inform you that the Board of Directors of the Company at its meeting held today, 31.12.2018, has considered and approved issue of 3,66,40,000 Equity shares to term lenders @ 2.50 per share totaling to Rs. 9,16,00,000/-subject to the approval of Share holders at Extra ordinary General Meeting to be held on 14th of February 2019 at registered office.
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