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| Exchange Received Time 12/12/2018 20:43:53 Exchange Disseminated Time 12/12/2018 20:43:57 Time Taken 00:00:04 | 1. Further to our intimation dated December 9, 2018 under Regulation 29 of the SEBI (LODR) Regulations, 2015, the Board of Directors at its meeting held on December 12, 2018 have considered and approved the following matters:
i) Offering upto 17.30 crore equity shares of Rs. 2 each in one or more tranches by way of private placement, including Qualified Institutions Placement (QIP), subject to the approval of the shareholders, which is being sought by way of Postal Ballot. It is clarified that the Company is seeking the approval of the shareholders afresh, since the earlier approval granted by the shareholders for the aforementioned offer (vide Special Resolution passed at the Extra-Ordinary General Meeting held on December 27, 2017) is valid until December 26, 2018 in terms of SEBI (ICDR) Regulations, 2018.
ii) Condensed Consolidated Unaudited Financial Statements for the period ending September 30, 2018 along with Limited Review Report for inclusion in the placement document/offer letter that may be issued in relation to the aforesaid offer.
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