News Announcement

Cella Space: 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

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

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