Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 we wish to inform that the Share Allotment Committee of the Board of Directors of the Company in its meeting held on March 04 2020 has allotted 1 23 50 000 equity shares of face value Rs. 2/- each to the warrant holders on exercise of warrants held by them.
The Warrant holders have exercised the right to convert the warrants into equivalent number of equity shares of the Company. The Committee Meeting commenced at 7.00 P.M. and concluded 8.00 P.M.