Pursuant to the approval granted by the Shareholders at their Annual General Meeting held on December 28 2020 and pursuant to the "In-principle Approvals" granted by the NSE and BSE on April 01 2021 the Warrants and Share Allotment Committee of the Board of Directors of the Company has allotted 33 18 45 000 (Thirty Three Crore Eighteen Lakh Forty Five Thousand only) Warrants convertible into Equity Shares to 54 allottees on April 15 2021 at an issue price of Rs.7.70/- per warrant including a premium of Rs.5.70/- per warrants on preferential basis in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018.
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