The Allotment Committee of the Board of Directors in its meeting held on 05 August 2015 has allotted 5,00,000 equity shares of

10/- each to M/s Innova Marchantiles Limited, Non-Promoter on the exercise of option attached with the warrants allotted on 04 July 2014 and the said shares shall be remain locked in for a period of one year from the date of trading approval.
Consequent upon the issue of the above 5,00,000 equity shares, the total paid-up capital of the company stands increased to 5,09,55,502 fully paid equity shares of

10/- each.