Intimation Of Board Meeting On May 17, 2017

• Security Code: 507265
• Company: EMERALL

We wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 17th May, 2017 at 11:00 A.M. at the registered office of the Company to conduct the following matters: (i) To reclassify the Authorized Share Capital of the Company, subject to an approval of the shareholders in General Meeting: (ii) To increase Authorized Share Capital of the Company, subject to an approval of the shareholders in General Meeting; (iii) To issue 40,00,000 warrants convertible into Non-Convertible Non-Cumulative Redeemable Preference Shares on preferential basis to only promoter & promoter group in terms of SEBI (ICDR) Regulations, 2009, subject to an approval of the shareholders in General Meeting; (iv) To Authorize Committee of Board of Directors to finalize Notice to be issued to the shareholders of the Company & (v) Any other matter with the permission of the Chair.