The Committee of Board of Directors have approved the change in the Draft Letter of Offer for right Issue regarding Issue Size (raising of funds through right issue) which have been revised and reduced from Rs. 4980 Lakh to Rs. 3500 Lakh as approved by Board of Directors in its meeting dated 12th January 2023 and subsequently in Meeting Dated 30th May 2023. The change in Issue size of Right Issue is without affecting the ratio 13:50 i.e. 13 equity shares for every 50 fully paid-up equity share(s) which has been approved in Board meeting held on 12th January 2023.
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