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| Exchange Received Time 14/07/2017 18:31:40 Exchange Disseminated Time 14/07/2017 18:31:46 Time Taken 00:00:06 | The Board of Directors at its meeting on 14th July 2017 held at a shorter notice approved the cancellation of 2,79,689 number of equity warrants allotted to a non promoter warrant holder as the warrant holder did not exercise the right to convert the equity warrants into equity shares within the due date of 18 months from the date of allotment of equity warrants, which was 13th July 2017. Accordingly, the 25% of the consideration amount received at the time of allotment of the above equity warrants in terms of Regulation 77 SEBI (ICDR) Regulations 2009 is forfeited.
The Board Meeting commenced at 5.00 p.m. and concluded at 6.15 p.m.
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