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| Exchange Received Time 28/12/2017 21:17:17 Exchange Disseminated Time 28/12/2017 21:17:24 Time Taken 00:00:07 | Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, vide resolution passed by Circulation today i.e., December 28, 2017, has approved the allotment of 11,66,667 (Eleven Lakh Sixty Six Thousand Six Hundred Sixty Seven) equity shares of Rs. 10 each of the Company, at a price of Rs. 300 per share (including share premium of Rs. 290 per share), on Preferential basis, to Indgrowth Capital Fund 1, a SEBI registered Category III, Alternative Investment Fund ('Allottee').
The said equity shares shall be listed on the National Stock Exchange of India Limited and BSE Limited.
The shares allotted to the Allottee shall be locked in as specified under Chapter VII of the SEBI (ICDR) Regulations.
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