Commercial Syn Bags: Board Meeting Outcome for Submission Of The Outcome Of 7/2024-25 Board Meeting Of The Company Held On Thursday 20Th March 2025 At The Registered Office Of The Company At 5:00 P.M For Allotment Of Warrants On Preferential Basis.

We are pleased to inform you that the Board of Directors of the company at its meeting held today i.e. Thursday 20th March 2025 at 5:00 P.M. at the Registered Office of the Company has inter alia approved the allotment of the following securities on a preferential basis:1. Allotment of 20 00 000 Warrants of Rs. 72/- each convertible into 20 00 000 equity shares of Rs.10/-each at a premium of Rs.62/- per share for every warrant upon exercise of the option along with the balance amount of Rs. 54/- per warrant by the warrant holders within a period of 18 (Eighteen) Months from the date of allotment of Warrants to the following promoter and promoter group on preferential basis to the Promoter and Promoter Group.