Dear Sir / Madam,
We would like to inform you that the Board of Directors of the Company in their meeting held today, i.e. July 10, 2018 approved the allotment of 1,70,00,000 Equity Shares to the following Promoters and Promoter group entities on preferential basis, in accordance with the resolution passed by the shareholders of the Company vide Postal Ballot (including E-voting) on 5th June, 2018, at a price of Rs. 15.26/- per Equity Share.
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