The Board of Directors through Circular Resolution circulated on 06th February, 2018 has approved the allotment of 62,64,300 equity shares pursuant to conversion of equal number of series 01 warrants of the face value of Rs. 2/- each at a price of Rs. 21.80 /- (including a Premium of Rs. 19.80/-) on a preferential basis to M/s Oshin Global Pte Limited (Formerly Techwave Pte Limited).