Faze Three Ltd has informed BSE that a Meeting of Board of Directors of the Company is scheduled to be held on October 15, 2016, inter alia, to consider and approve the following:
1. Allotment of 81,00,000 Equity Shares on Preferential Basis to Non Promoter Investors.
2. Allotment of 30,11,203 Convertible Equity Warrants on Preferential Basis to Promoter/ Promoter Group.
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