This is to inform you that the Allotment Committee of the Board of Directors in its meeting held today i.e. 08 June 2020 at 10:30 AM has allotted 7,00,000 Equity Shares of
10/- each at a premium of
195/- per share to M/s NCVI Enterprises Limited (Promoter group company) upon exercise of the option attached with the Warrants, allotted on 30 March 2019. The said shares shall remain locked-in for a period of three year from the date of trading approval.
Consequent upon the issue of the above 7,00,000 equity shares, the total paid-up capital of the Company stands increased to 5,75,87,502 fully paid equity shares of
The meeting concluded at 11:05 AM.