The Board of Directors of Cella Space Limited at their meeting held today ie March 16 2021 considered and approved the following: -
Allotment of 20 00 000 (Twenty Lakhs) Unlisted Non Convertible Redeemable Cumulative Preference Shares of Rs.10/- (Rupees Ten only) each aggregating to Rs.2 00 00 000/- (Rupees Two Crores only) through Private Placement to Mr. S Rajkumar Vice Chairman and Managing Director for the purpose of redemption of Preference Share Capital of Rs.2 00 00 000/- (Rupees Two Crores only) held by Kerala State Industrial Development Corporation Ltd