The Board has considered and approved the allotment of 7 93 650 (Seven Lakh Ninety-Three Thousand Six Hundred Fifty) Equity Convertible Warrants of the Company of face value of ? 10/- each carrying an entitlement to subscribe for equivalent number of fully paid-up Equity Shares of the Company in dematerialized form on Preferential allotment basis to Non-Promoter group at a price of Rs. 315/- (Rupees Three Hundred and Fifteen Only) per warrant [including premium of Rs. 305/- (Rupees Three Hundred and Five Only per warrant)]
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