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| Exchange Received Time 09/10/2018 17:41:29 Exchange Disseminated Time 09/10/2018 17:46:16 Time Taken 00:04:47 | Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ('the Regulations'), we hereby inform that the Board of Directors of the Company in its meeting held on October 09, 2018 has considered and approved the Rights Issue of Equity Shares upto Rs. 15,00,00,000/- (Rupees Fifteen Crores Only) to the existing Shareholders of the Company.
The Board has also authorized the existing Finance Committee to decide on the terms and conditions of the Issue including the issue size, issue price, timing of the issue, rights entitlement ratio, record date and all other matters in consultation with the Lead Manager to the Issue.
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